Phase 1 shadow · synthetic · independent  ·  SAWEM Phase 1 Trading Simulator — explainer-grade, not an MMS.  ·  Trading Rules Round 2 (12 April 2026 v01 draft)
Trading day 2026-05-29 virtual hour 00 Auction state: ACCEPTING gate close in 18h:00m DAM clear IDM re-clear Balancing Settlement
SAWEM
Municipality onboarding

mun_ekurhuleni_cpa

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. 1 · Apply direct-BRP
  2. 2 · Prudential check
  3. 3 · Route via CPA
  4. 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.