Switching Submit Mode OFF
When to Switch Submit Mode OFF
Energy Bids
If you are likely to submit more than one AEMO or Financial ('A' or 'F') category rebids in the next five minutes or so then switch Submit Mode to OFF.
If you leave submit mode ON then each new manual bid will become a Reference Bid. And if the previous Algo Bid has already moved volume (for example by an amount of TdelLV) and then you synchronise (from a third party bidding system), edit and submit this bid, then the Algorithm will consume the new manual bid as a Reference Bid and hence will be able to move another TdelLV from the starting point of the new Reference Bid. Although this Bid will be optimal (as far as the Solver is concerned) the Spot Trader may not wish to move what might be a larger than expected volume from the original (earlier) manual bid. Also the Algorithm will not be able to restore the Algo Bid to the structure of the earlier manual bid if the optimal solution reverses because the Algo is constrained by the Latest Manual Acknowledged Bid and the TdelLV.
FCAS Bids
If you are likely to submit an AEMO or Financial ('A' or 'F') category rebid then you should switch submit mode to OFF. (The one exception might be if you intend to rebid volume only in the late rebidding period.)
If you leave submit mode ON then the band volumes of the Algo Bid will be formulated from scratch and hence the Algo Bid will overwrite the content of your previous manual bid. The only exception is if pdBidr is set to not reformulate bids in the late rebidding dispatch intervals in which case you could leave Submit Mode ON if you are only making changes to the late rebid period.
How to Switch Submit Mode OFF
If you decide to switch Submit Mode OFF then do so prior to submitting a manual rebid. Then either
Allow ten seconds between Switching Submit Mode OFF and submitting a manual bid, or
In the Bids Page check that the column Algo Last Submission/Submission Status has a 5/5 status (you may need to wait a few seconds).
It can take up to ten seconds to process and acknowledge a bid from the time it is submitted. pdBidr monitors this process and shows the status of an Algo bid in the Submission Status. If an Algo bid is submitted just before you switch Submit Mode OFF then the submission status will monitor the process and there may be a moment where Submission status is not 5/5. If it is not 5/5 then wait a few moments until it is 5/5 (see image below). Then you may submit manual rebids.
If you switch Submit Mode OFF within 90 seconds of submitting a manual bid then check the Active Acknowledged Bid and ensure that it is your manual bid. If it is a manual bid then no further action required.
If it is an Algo bid then check the Algo Check column. If this says PASS then no further action required.
If Algo check bid is FAIL then resubmit your manual bid or turn submit mode ON.
When to switch Submit Mode ON
If you are not actively rebidding priceband volume, or if you don’t expect to actively rebid priceband volume in the next half hour, then Switch Submit Mode ON.
How to Switch Submit Mode ON
You may switch Submit Mode ON at any time.
However if you switch Submit Mode ON and then change your mind and switch Submit Mode OFF then you must follow the above process for How to Switch Submit Mode OFF.