{"id":6736,"date":"2021-10-27T09:42:16","date_gmt":"2021-10-27T09:42:16","guid":{"rendered":"https:\/\/reconnectenergy.com\/?p=6736"},"modified":"2021-10-27T10:39:08","modified_gmt":"2021-10-27T10:39:08","slug":"escerts-trade-summary-session-1-26-10-21","status":"publish","type":"post","link":"https:\/\/reconnectenergy.com\/escerts-trade-summary-session-1-26-10-21\/","title":{"rendered":"ESCerts Trade Summary – Session 1 (26\/10\/21)"},"content":{"rendered":"\n
First ESCerts trading session for PAT Cycle II(2016-2019) took place yesterday on both the exchange platform i.e. IEX and PXIL.<\/p>\n\n\n\n
Since this was the first session of PAT cycle II, there were a lot of uncertainties with respect to price and volume from both sellers and buyers. <\/p>\n\n\n\n
On IEX, there was a demand for 99249 ESCerts against a total supply of 518499 ESCerts. Market Clearance price was determined at Rs.250\/ESCerts with the Market Clearance volume of 43409 ESCerts.<\/strong><\/p>\n\n\n\n Total supply on PXIL was 8700 ESCerts whereas total demand was 500 ESCerts. None of the ESCerts got traded on PXIL during this session as there was quite a huge gap in price expectations of buyers and sellers. As a result there was no clearance of volume..<\/p>\n\n\n\n Market share of REConnect during this trade session was 100% on IEX.<\/p>\n\n\n\n <\/p>\n\n\n\n Buy & Sell curve of ESCerts for PAT II Trade commenced on 26 Oct\u201921<\/strong>:<\/p>\n\n\n\n <\/p>\n\n\n\n source: IEX<\/p>\n\n\n\n A reference of the trade result from the 14 trading sessions of PAT I Trade<\/strong> is as below:<\/p>\n\n\n\nESCerts Market Trade Report – 26\/10\/2021<\/strong><\/td><\/tr> <\/td> IEX<\/strong><\/td> PXIL<\/strong><\/td> Total \/ Average<\/strong><\/td><\/tr> Sell Bids<\/td> 518,499<\/td> 8,700<\/td> 527,199<\/td><\/tr> Buy Bids<\/td> 99,249<\/td> 500<\/td> 99,749<\/td><\/tr> Market Clearing Price (Rs.\/ESCerts)<\/td> 250<\/td> –<\/td> 250<\/td><\/tr> Market Clearing Volume (ESCerts)<\/td> 43,409<\/td> –<\/td> 43,409<\/td><\/tr> Transaction Value (Rs. Crore)<\/td> 1.09<\/td> –<\/td> 1.09<\/td><\/tr> REConnect Market Share (w.r.t Clearing Volume)<\/td> 100%<\/td> <\/td> <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n