How does the BioEx platform work?
BioEx Latvian biomass trading platform brings together participants of Latvian biomass market – biomass sellers and buyers. After registration, regular trade sessions are organized – open auctions where, like in the world’s best commodities exchanges, sellers and buyers set the price, volume of the transaction, the supply time and register collateral arrangements.
Biomass Trading Platform – a tool for everyone who uses biomass in Latvia
How is trading organized?
Trading is the main functionality of the BioEx Platform. During the trading process, the Platform’s participants – Buyers - may define their order for purchasing biomass, and the Platform’s participants – Sellers - may submit their offers, defining their orders for selling biomass. On the Platform, the market participants may use a special calculator and base their transactions on these calculations.
Trading is divided into trading periods that usually last for one week, starting and ending at 16:00 on Monday. The trading process is described in detail in the Trade Platform Code.
How to register?
In order to register on the Platform, the company’s representative, in line with the instruction, should open a profile on http://platform.bioex.lv. When the registration is completed, BioEx operator will check your data and send you a password which should be used to log into the trade Platform.
The Platform, of course, has a mobile version which helps to conveniently perform transactions from any location – like you would do it on an internet bank or any other financial service tool.
