Discrete or Continuous Trading? HFT Competition and Liquidity on Batch Auction Markets

2016 ◽  
Author(s):  
Marlene Haas ◽  
Marius A. Zoican
Keyword(s):  
Auction Markets ◽  
Continuous Trading

scholarly journals A Stochastic MPC Based Energy Management System for Simultaneous Participation in Continuous and Discrete Prosumer-to-Prosumer Energy Markets

Energies ◽  
2020 ◽  
Vol 13 (14) ◽  
pp. 3751
Author(s):  
Pablo Baez-Gonzalez ◽  
Felix Garcia-Torres ◽  
Miguel A. Ridao ◽  
Carlos Bordons
Keyword(s):  
Energy Management ◽  
Management System ◽  
Storage System ◽  
Energy Storage System ◽  
Energy Management System ◽  
Bidding Strategies ◽  
Production And Consumption ◽  
Optimal Bidding ◽  
Continuous Trading ◽  
Stochastic Model Predictive Control

This article studies the exchange of self-produced renewable energy between prosumers (and with pure end consumers), through the discrete trading of energy packages and proposes a framework for optimizing this exchange. In order to mitigate the imbalances derived from discrepancies between production and consumption and their respective forecasts, the simultaneous continuous trading of instantaneous power quotas is proposed, giving rise to a time-ahead market running in parallel with a real-time one. An energy management system (EMS) based on stochastic model predictive control (SMPC) simultaneously determines the optimal bidding strategies for both markets, as well as the optimal utilisation of any energy storage system (ESS). Simulations carried out for a heterogeneous group of agents show that those with SMPC-EMS achieve savings of between 3% and 15% in their energy operation economic result. The proposed structures allows the peer-to-peer (P2P) energy trading between end users without ESS and constitute a viable alternative to avoid deviation penalties in secondary regulation markets.

scholarly journals Intraday Markets for Power: Discretizing the Continuous Trading?

2016 ◽  
Author(s):  
Karsten Neuhoff ◽  
Nolan Ritter ◽  
Aymen Salah-Abou-El-Enien ◽  
Philippe Vassilopoulos
Keyword(s):  
Continuous Trading

Online Auction Markets Before and During the Lockdown

2021 ◽  
Author(s):  
Francisco Alvarez ◽  
Alfredo Garcia-Hiernaux ◽  
Marcello Sartarelli
Keyword(s):  
Online Auction ◽  
Auction Markets

scholarly journals Experimental Markets and Environmental Policy

1993 ◽  
Vol 22 (2) ◽  
pp. 117-129 ◽  
Author(s):  
Jason F. Shogren
Keyword(s):  
Environmental Policy ◽  
Transaction Costs ◽  
Experimental Auction ◽  
Dynamic Choice ◽  
Auction Markets ◽  
Experimental Markets ◽  
Reduction Mechanisms ◽  
Sequential Reduction ◽  
The Impact ◽  
Coasian Bargaining

Experimental markets can be a useful tool to guide and evaluate environmental policy. This paper reviews four experiments to illustrate. Two institutional experiments are considered—Coasian bargaining with positive transaction costs, and a gaming experiment of dynamic choice in a conflict. Two valuation experiments are also discussed—the impact of sequential reduction mechanisms on the value of risk, and experimental auction markets to elicit the value of safer food.

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