Phase 1 shadow · synthetic · independent
· SAWEM Phase 1 Trading Simulator — explainer-grade, not an MMS.
· Built from the publicly available Trading Rules; Round 2 not yet gazetted
Trading day 2026-05-29virtual hour 00Auction state: ACCEPTINGgate close in 18h:00mDAM clear →IDM re-clear →Balancing →Settlement
Phase-1 §E.2 demo. A municipality attempts direct-BRP registration, the
prudential collateral test fails (Market Code v2.1), and the platform
routes the municipality through the Central Purchasing Agency (CPA).
1 · Apply direct-BRP
2 · Prudential check
3 · Route via CPA
4 · Confirmation
Apply for direct Balancing Responsible Party registration. You will be
asked to post the 60-day prudential collateral required by the Market
Operator.