GasTrade NG
How it works

From registration to settlement

A registered trader should be able to find an active market, review available gas, submit a bid, check an allocation, access their contract and submit a nomination in a few clicks.

Step 1

Customer onboarding

  1. 1

    Application

  2. 2

    Email verification

  3. 3

    Company details

  4. 4

    KYC / KYB documents

  5. 5

    Authorised representatives

  6. 6

    Compliance review

  7. 7

    GasTrade approval

  8. 8

    Agreement execution

  9. 9

    Trading access enabled

Users do not gain trading access immediately after registration. Every applicant passes through GasTrade NG's compliance review and approval process, followed by execution of the applicable agreement, before trading access is enabled.

Step 2

Spot market trading

  1. 1

    Sellers declare available gas

  2. 2

    GasTrade aggregates available volume

  3. 3

    Market opens

  4. 4

    Registered buyers receive market notice

  5. 5

    Buyers submit price and quantity bids

  6. 6

    Bidding window closes

  7. 7

    Bids are ranked

  8. 8

    Available gas is allocated

  9. 9

    Seller allocation is confirmed

  10. 10

    Contract / trade confirmation

  11. 11

    Daily nominations

  12. 12

    Gas delivery

  13. 13

    Metering & reconciliation

  14. 14

    Settlement

What each role can do

Buyer, seller and administrator journeys

Sellers

Submit gas offers with volume, pricing and delivery terms; track offer status from draft through to traded and completed; view allocations and confirmations.

Buyers

Review active market rounds, submit price and quantity bids, receive allocation and trade confirmations, and manage nominations against confirmed contracts.

GasTrade administrators

Configure market rounds, review the ranked bid stack, calculate and adjust allocations, and issue trade confirmations under maker-checker approval.