Reconciliation Manager | Trading Notification Form Guide
Trading Notifications
Trading notifications pertain to Rule 15.3 of the Code and the provision of trading information. This rule requires reconciliation participants to advise the reconciliation manager of the points of connection where they will commence or cease to trade electricity, at least five business days prior to the change.
This document provides guidelines to assist with completing the “Notification of Trading Information” form.
Completing the trading notification form
There are two parts to the trading notification form:
- Participant information ; and
- Trading information.
1. Participant information
Please provide the contact details of the person providing the trading information.
State whether you are the Buyer or the Seller;
· If you are purchasing from the clearing manager, please enter your participant name as the Buyer, and the clearing manager as the Seller.
· If you are selling to the clearing manager, please enter your participant name as the Seller, and the clearing manager as the Buyer.
· Please provide the four letter participant codes for the Buyer and Seller. The code for the clearing manager is NZCM.
NB: If you are both a Buyer and a Seller, you must provide two separate notifications to the reconciliation manager.
2. Trading information
Please give the network supply points (NSPs) you are commencing or ceasing to trade at, for both non half hour (NHH) and half hour (HHR) submission information.
· Contract number is a unique 5 character alphanumeric code of your choice if you wish to group your trading notifications onto different contracts.
• Point of connection is a point where electricity may flow into or out of the grid, local network, or embedded network e.g. ABC0111.
• Network code is the four letter code that describes the grid, local network or embedded network relating to the point of connection e.g. ABCD.
• Recon. type (Reconciliation type) is the attribute that indicates either the type of network connection or the type of processing to be undertaken i.e. GG – for a grid connected generator, GN – for consumption or generation within a local network, GD – for a grid-connected direct consumer, EN - for consumption or generation within an embedded network, or NP – for an interconnection.
• Start date & TP means the date and trading period when trading will commence at the given NSP for HHR and/or NHH submissions. The trading period should be between 1 and 48 (or 46 or 50 for daylight saving days).
• End date & TP means the date and trading period when trading will cease at the given NSP for HHR and/or NHH submissions. The trading period should be between 1 and 48 (or 46 or 50 for daylight saving days).
• New or Revised info. Enter an ‘R’ for revised information if you are providing an end date for trading previously notified to the reconciliation manager. If this is the first time the trading information is being advised to the reconciliation manager, enter an ‘N’ for new information.
Reconciliation Manager | Trading Notification Form Guide v1.11 Page 2
Version date 27/10/2010