Submission Services Power Trading Tool

A robust power trading tool, Submission Services^™ takes the guesswork out of day-ahead virtual and spread trade submission.

It empowers you to build, analyze, validate, and submit your day-ahead virtual and spread trades within one solution. This is all delivered to you through a visual portfolio analysis dashboard and an easy-to-integrate data API.

This power trading solution ensures that you have a standardized trade identification, analysis, and submission (and corresponding withdrawal) processes. You no longer need to know how each individual ISO market bidding process works, leading to more efficient onboarding for new markets/traders and a faster trade submission process overall.

KEY BENEFITS

Build and analyze your portfolios using our market-leading trade discovery solutions: PowerSignals^® and DataSignals.^®
Validate and submit portfolios with the click of a button or with full automation.
Fully automate your trade workflow using our Submission API endpoints.
Receive your day-ahead clearances directly upon market clearing.
Track your performance in real time via the Daily Portfolio Analysis module and API endpoints.
Manage your credentials securely and easily using the Account Manager module.

Validation to Prevent Trade Submission Issues

This power trading solution ensures you align with and fulfill ISO bid requirements with comprehensive validation logic being directly embedded and enabled in the submission process. This provides a competitive edge as you can more quickly compile and submit your portfolios to the market. It also works to avoid portfolios that may be suboptimal or not balanced from a risk perspective.

Some of the validation processes that Submission Services includes are:

Energized and valid nodes
Electrically similar nodes
ISO-specific rules (volume and price rules)
Wash trades.

Submission Services FAQ

This solution can benefit any organization trading virtuals – whether a trading shop, utility, or independent power producer – in North American ISOs.

Submission Services is not an ETRM. It’s a turnkey solution with a substantially lower price point than a traditional ETRM. However, our API will integrate with your current ETRM tool.

Most third-party submission tools force you to take additional steps that take time away from virtual trading. With Submission Services, you get a complete, reliable solution to analyze, build, validate, and submit trades all within the same tools you use to research your trading strategies. It’s a standardized process for all ISOs to help you save effort in researching markets and submitting trades.

Our team of experts stays abreast of market developments and proactively updates Submission Services per ISO requirements. We have the highest commitment to data quality, and we make it easy for you to focus on trading, not clunky technology or monitoring changing ISO requirements.

Our advanced functionality lets you edit and submit your trades right until the submission deadlines. We also have built-in validation on trade rules (such as price, volume limitations, and invalid node checks) to prevent any issues.

Then our solution is perfect for you – we track profit and loss in real time and will update your P&L when price revisions happen.

You also have to train individuals on your internal tool and support them, and you may question what will happen if the only individuals who know how your tool operates leave the organization.

With Submission Services, we do all of the work of training and supporting your staff for a cost-effective solution, and our products have high uptime rates. We also take care of updating our tool when ISOs modify their processes.

Submission Services is directly embedded within the same Yes Energy® (Power Signals® and DataSignals®) tools you use to analyze, build, validate, and submit your portfolios. This enables you to research and submit trades to multiple ISOs, then track and manage your portfolios all from a single tool.