TRAC-X introduces new functionalities on their secondary capacity platform
From now on registered traders not only have the possibility to trade the already established day-ahead and flexible capacity products, but also to use the monthly, quarterly and yearly standard products for secondary capacity trading. Moreover, TRAC-X secondary now offers traders an automatized trading interface to place and bid on secondary day-ahead capacity.
Additionally, and to make trading with secondary capacity even more comfortable for registered users, TRAC-X has increased the number of tradable day-ahead network points of their secondary platform. From now on, day-ahead capacities can be traded at the additional network points Haanrade (Entry), Lichtenbusch (Entry) und Zevenaar (Entry).
All in all, a variety of functionalities have been implemented on TRAC-X to further facilitate secondary capacity trading: registration and activation processes were overhauled, additional security mechanisms were integrated and the user interface was optimised. With the new functionalities traders can now use TRAC-X secondary even more flexibly.
PRISMA European Capacity Platform GmbH
TRAC-X Transport Capacity Exchange GmbH (TRAC-X) was founded in 2005 in Leipzig and has, since that time, grown consistently to become one of the most important online market places for gas transport capacity. In 2010, the German transport system operators appointed TRAC-X to create and operate a platform for the awarding of primary transport capacities in Germany. With the start of TRAC-X primary in August 2011, transport customers can, for the first time, use TRAC-X primary auctions to acquire capacities for market area and cross-border interconnection points. Capacities at other network points can be purchased through TRAC-X primary on a "first come, first served" basis. By offering a single market place for primary capacity, TRAC-X replaces the established online booking systems of the German TSOs. At the same time, TRAC-X still continues to operate the trading platform for secondary transport capacity - TRAC-X secondary. By doing so, TRAC-X contributes significantly to the simplification of gas trading.