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 traders can operate the wheeled-bilateral lane. The lane registers
the contract with the Market Operator as a CfD-vs-SMP instrument; it is not a cleared offer.