Today
“TGE is keeping a close eye on developments in the electricity market. As we observe a growing need to balance positions closer to the delivery period, we are seeking to enhance companies’ ability to execute their strategies on our trading floor. The Liquidity Provider Programme is designed to reward participants for high activity during the continuous trading phase on the Intraday Market. The increased number of trades should support Exchange Members who seek to actively manage their positions and look forward to offers that enable them to do so. The programme also supports users of algorithmic trading models by increasing the daily order limit. This is another step by TGE that aligns our offering with the demands of this type of trading activity. I am personally pleased that the solution we proposed has attracted interest from our customers, including those outside Poland,” said Piotr Listwoń, TGE’s President of the Management Board.
The Liquidity Provider programme aims to incentivise greater activity in the Intraday Market. It is addressed to all Exchange Members operating on their own account. To join the programme, members must sign an agreement committing to a specified transaction volume. In return, TGE offers a rewards programme with discounted exchange fees and a higher daily order limit in the Intraday Market.
Liquidity in the electricity exchange market leads to greater price stability and predictability, and provides a realistic, market-based reflection of electricity value, which is crucial for both suppliers and consumers. For large consumers, this means confidence that the prices underpinning their purchasing strategies are reliable and reflect market reality. Importantly, liquidity in the Intraday Market is a key factor in efficient position management by electricity suppliers and consumers. The more liquid the market, the easier it is for participants to reduce risk and imbalance costs, and to respond more effectively to changes in production or demand.