Sféra successfully expanded its product portfolio for the day-ahead electricity market

all newsNews

Moments of the ENERGOFÓRUM® 2024 conference
11/13/2024
Even though the unique atmosphere of the energy conference ENERGOFÓRUM® is best experienced in perso... more
Discussion panels from the ENERGOFÓRUM® 2024 conference are now available
10/29/2024
The gates of the 18th edition of the prestigious ENERGOFÓRUM® conference have closed, and we take st... more
We won the EcoVadis bronze medal in the area of sustainability
10/1/2024
Our company SFÉRA, a.s. won the EcoVadis bronze medal in the field of sustainability. This prestigio... more

5/5/2021

Participants of the electricity market have a more diverse range of products that are available for trading on the day-ahead market. Market participants can also look forward to further integration of the daily market within the European region.

OKTE, a.s. decided to expand portfolio of products for the organized day-ahead market.

The most important change is ability to submit multiple orders for one business day. New block products were also added: simple orders, flexible hourly orders, linked orders and exclusive group of simple orders.

New products in the XMtrade^®/ISOT system will also support demanding trading strategies of individual market participants and thus expand trading opportunities.

SFÉRA, a.s., implemented and launched above-mentioned extensions in the system as of 31 March 2021. New products are available for market participants from the business day April 1, 2021 through all communication channels, including external interfaces.

The Slovak short-term electricity market is waiting for further significant changes. The day-ahead market is currently operated among four countries: Slovakia, Czech Republic, Hungary and Romania (4MMC CZ-SK-HU-RO). From June 2021, interconnection with Multi-regional coupling (MRC) is planned and Slovakia will become a part of the European single electricity market. The change will bring increase in market liquidity and stability of the development of the wholesale market price of electricity.

OKTE, a.s., operates in Slovakia as organizer of the short-term electricity market.

SFÉRA, a.s. is a supplier of the trading platform for the organized electricity market - XMtrade^®/ISOT.

Previous news

Internal education about Oracle databases
4/23/2021

Education belongs to one of our priorities and activities. With relocation to home office during COVID-19 pandemic, possibilities of internal education were considerably reduced. Our meeting rooms remained empty and we moved to an online environment. One...

Transport Management System – one solution for energy dispatching and monitoring of wagons
4/16/2021

Železničná spoločnosť Slovensko, a.s., (ZSSK) will be able to control consumption of its fleet, prepare conversions or obtain information on location of locomotives from one point. We introduced a new integrated system for dispatching of electricity and d...

Company SFÉRA, a.s., registered its trademarks in the territory of Ukraine
3/30/2021

Ukrainian Intellectual Property Institute confirmed the provision of legal protection for designations of the products of SFÉRA, a.s., XMtrade® and XMatik®, in Ukraine. Today, legal protection of the trademarks is valid not only in Ukraine (UA) but also...

Choose what you need from our products