[OASIS Issue Tracker] (ENERGYINTEROP-673) Bias in Matching Algorithm

[OASIS Issues Tracker <workgroup_mailer@lists.oasis-open.org>]

     [ https://issues.oasis-open.org/browse/ENERGYINTEROP-673?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]

William Cox updated ENERGYINTEROP-673:
--------------------------------------
    Fix Version/s: ctsWD17
       Resolution: 
Updated introduction on use of Actor and Facet terminology throughout

Expanded existing text on when and how to use a market ID as a counterparty, including when a group matching approach is used.

Section 8.4 WD17 includes a Clearing Method which allows trading strategies to address different clearing algorithms.

  was:
Updated introduction on use of Actor and Facet terminology throughout

Expanded existing text on when and how to use a market ID as a counterparty, including when a group matching approach is used.


> Bias in Matching Algorithm
> --------------------------
>
>                 Key: ENERGYINTEROP-673
>                 URL: https://issues.oasis-open.org/browse/ENERGYINTEROP-673
>             Project: OASIS Energy Interoperation TC
>          Issue Type: Bug
>          Components: cts
>    Affects Versions: CTSPR01
>         Environment: Trevor Hardy, PNNL https://lists.oasis-open.org/archives/energyinterop-comment/202111/msg00000.html
>            Reporter: Toby Considine
>            Assignee: William Cox
>            Priority: Critical
>              Labels: CLARITY, MARKET
>             Fix For: ctsWD14, ctsWD17
>
>
> page 16 line 261-262
> It has already been stated that CTS does not prescribe the nature of the matching engine but doesn't the definition of part and counter-party at least strongly imply some kind of matched bi-lateral trade? Double-auctions can artificially create the appearance of bi-lateral trades after the clearing price and quantity have been established but it would be a layer of artifice. For the concept of "party" and "counter-party" to be an integral part of CTS seems to heavily lean towards bi-lateral matching engines.



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