During operating day trades
Spot trading "during the operating day" is intended for concluding short-term transactions of purchase and sale of electric energy between auction participants and making adjustments to the daily schedule of supply and consumption of electric energy on a special electronic trading platform, using generally accepted exchange principles and modern Internet technologies.
Trading "during the operating day" is carried out using the method of continuous counter-trading. Auctions are held in accordance with the temporary rules for conducting these auctions.
Submission of applications for participation in the auctions is carried out only with the use of the Internet.
Submission of applications for participation in the auction is carried out no later than 3 hours before the start of the operating hour of physical delivery (consumption) of electric energy.
Applications for purchase/sale, modification and cancellation of previously submitted applications are allowed until the deadline for accepting applications.
At the end of the auction, the "seller – buyer" pairs and the prices of transactions for electric energy are determined. The auction results are sent to the system operator for technical expertise and inclusion in the adjusted daily schedule of electricity supply and consumption in the Republic of Kazakhstan.
A system of guaranteeing the fulfillment of financial obligations of participants has been implemented at spot auctions "during the operating day".
Every buyer of electric energy, before submitting an application for purchase, must open a special account in the Bank that serves centralized auctions (JSC "Halyk Bank of Kazakhstan"), intended for depositing guarantee funds.
Based on the results of trading, the operator of the centralized trading market performs mutual settlements between auction participants.
Every participant of the auction, following the results of the trading day, receives a corresponding notification about the results of the auction.