MBI demand announcement
As a rule, Trading Hub Europe GmbH will announce the expected demand for market-based instruments (MBI) in the form of a demand spread on this page with a lead time of at least three and a half (3.5) hours before the start of delivery. Market participants will be invited to submit bids for the exchange-based products which will be used by THE to realise the spread (Spread Product).
The Spread Product is the only MBI that is traded with the balancing group manager (BGM) on the exchange. BGMs wishing to offer and provide the Spread Product can register to use the free messaging service on THE's website to ensure that they are made aware of the demand.