Intraday Auction definition

Intraday Auction means any Auction of Intraday Units;
Sample 1Sample 2Sample 3
Intraday Auction. (IDA) means the implicit intraday auction trading sessions held at pan-European level to allocate energy and the available intraday cross-zonal capacity at all bidding zone borders by applying a market coupling mechanism between the bidding zones.
Sample 1

Examples of Intraday Auction in a sentence

  • Any query of an Intraday Auction result shall be considered as a Dispute and must be made in accordance with Rule E8.

  • This first Intraday Auction covers hours from 00:00 to 15:59 hrs.

  • This second Intraday Auction covers hours from 16:00 to 23:59 hrs.

  • The first Intraday Auction for the Contract Day D opens at 18:30 hrs on day D-1 and closes 19:00 hrs on day D-1 (or at any other times specified by the Allocation Platform in the relevant Auction Specification or after publication of the Auction Specification).

  • The Committee is directly responsible for the recommendation of the appointment and retention (and termination) and for the compensation and the oversight of the work of the independent auditor (including oversight of the resolution of any disagreements between senior management and the independent auditor regarding financial reporting) for the purpose of preparing audit reports or performing other audit, review or attest services for the Corporation.

  • Intraday Auction starts right after the Continuous Trading phase, and after Intraday Auction ends, trading proceeds with a Continuous Trading phase.

  • The timings of each Intraday Auction are stated in the table below.

  • Volatility Interruption can be applied in the Opening Auction, Auction, Intraday Auction and Closing Auction phases.

  • The Auction Specification for each Intraday Auction is published by BritNed no later than five (5) minutes prior to each Intraday Auction’s Bidding Period.

  • Once the second Intraday Auction is closed, Units are allocated, pursuant to Rule C6, and final results of this Intraday Auction are published.

Related to Intraday Auction

  • Dutch Auction means an auction (an “Auction”) conducted by Holdings or one of its Subsidiaries in order to purchase any Term Loans under a Tranche (the “Purchase”) in accordance with the following procedures or such other procedures as may be agreed to between the Administrative Agent and the Borrower:

  • public auction means a method of sale where goods or services are offered by the trader to consumers, who attend or are given the possibility to attend the auction in person, through a transparent, competitive bidding procedure run by an auctioneer and where the successful bidder is bound to purchase the goods or services;

  • LIBOR Auction means a solicitation of Money Market Quotes setting forth Money Market Margins based on the London Interbank Offered Rate pursuant to Section 2.03.

  • electronic auction means an iterative process that involves the use of electronic means for the presentation by suppliers of either new prices, or new values for quantifiable non-price elements of the tender related to the evaluation criteria, or both, resulting in a ranking or re-ranking of tenders;

  • Reverse auction means a procurement method in which offerors are invited to bid on specified goods or services through online bidding and real-time electronic bidding. During an electronic bidding process, offerors’ prices or relative ranking are available to competing offerors and offerors may modify their offer prices until the closing date and time.

  • Day-Ahead has the meaning set forth in the CAISO Tariff.

  • Auction shall have the meaning specified in Section 2.1 hereof.

  • Reverse auctioning means a procurement method wherein bidders are invited to bid on specified goods or nonprofessional services through real-time electronic bidding, with the award being made to the lowest responsive and responsible bidder. During the bidding process, bidders' prices are revealed and bidders shall have the opportunity to modify their bid prices for the duration of the time period established for bid opening.

  • Absolute Rate Auction means a solicitation of Money Market Quotes setting forth Money Market Absolute Rates pursuant to Section 2.03.

  • Auction Date means the first Business Day preceding the first day of a Dividend Period.

  • E-Auction Process /”E-Auction” shall mean the electronic auction process for sale of the Company conducted in accordance with the provisions of IBC, Liquidation Process Regulations, Applicable Law(s) and this E- Auction Process Information Document inviting Bid from the Bidders for consummating the sale of Company on going concern basis in accordance with the provisions of IBC and Liquidation Process Regulations;

  • Day-Ahead Market has the meaning set forth in the CAISO Tariff.

  • Incremental Auction means any of several auctions conducted for a Delivery Year after the Base Residual Auction for such Delivery Year and before the first day of such Delivery Year, including the First Incremental Auction, Second Incremental Auction, Third Incremental Auction or Conditional Incremental Auction. Incremental Auctions (other than the Conditional Incremental Auction), shall be held for the purposes of:

  • FTR Portfolio Auction Value means for each customer account of a Market Participant, the sum, calculated on a monthly basis, across all FTRs, of the FTR price times the FTR volume in MW.

  • Auction Final Price means the relevant auction final price that may be published by ISDA or any administrator of any auction coordinated by ISDA from time to time and that would be applicable to the senior, unsecured debt obligations issued or guaranteed by the relevant

  • Margin Trading means Leverage trading when the Client may make Transactions having far less funds on the Trading Account in comparison with the Transaction Size.

  • Disrupted Day means any Scheduled Trading Day on which the Exchange or any Related Exchange fails to open for trading during its regular trading session or on which a Market Disruption Event has occurred.

  • Bid Date means the date fixed for receipt of Bids as per Notice Inviting Bids or as extended by subsequent notification(s).

  • Open Market Purchase shall have the meaning specified in Section 2(I)

  • bid means a written offer in a prescribed or stipulated form in response to an invitation by an organ of state for the provision of goods or services, through price quotations, advertised competitive bidding processes or proposals;

  • Auction Rate means the rate of interest per annum that results from implementation of the Auction Procedures and is determined as described in Section 2.02(a)(iii)(B) of this Appendix A.

  • Base Residual Auction means the auction conducted three years prior to the start of the Delivery Year to secure commitments from Capacity Resources as necessary to satisfy any portion of the Unforced Capacity Obligation of the PJM Region not satisfied through Self- Supply.

  • Mid-Market Swap Rate Quotation means a quotation (expressed as a percentage rate per annum) for the relevant Mid-Market Swap Rate;

  • Buy Bid means a bid to buy Capacity Resources in any Incremental Auction.

  • Best Bid means the highest posted bid price of the Common Stock.

  • Reliability Pricing Model Auction or “RPM Auction” shall mean the Base Residual Auction or any Incremental Auction, or, for the 2016/2017 and 2017/2018 Delivery Years, any Capacity Performance Transition Incremental Auction.