Gnarum | Empowering your energy
Helping a leading market agent operate efficiently in XBID. Monitoring markets in real time and executing automated trades. Maximizing returns and scaling trading operations seamlessly.
In today's fast-paced and technologically advanced world, businesses rely heavily on Information Technology (IT) services to remain competitive, innovative, and efficient. From streamlining operations to enhancing customer experience
However, operating effectively in the continuous intraday market is highly complex. Price signals evolve rapidly, liquidity is fragmented, and profitable opportunities can appear and disappear within seconds. Manual trading approaches struggle to keep pace with these dynamics, while traditional tools often lack the speed, intelligence, and scalability required to compete effectively. As a result, advanced algorithmic trading solutions have become essential for market agents seeking to maximize P&L, reduce imbalance exposure, and operate efficiently at scale.
Gnarum’s XBID Algotrading Solution is designed to operate natively in the continuous intraday market, combining real-time data intelligence, automated decision-making, and high-speed execution. The platform continuously monitors market conditions, portfolio positions, and asset constraints to identify profitable trading opportunities across XBID and local intraday sessions.
The client is a large market agent operating in the Italian power market, managing approximately 1,000 MW of renewable generation and BESS assets in generation, alongside a demand portfolio of around 500 GWh in supply. Acting as an active trader across intraday markets, the client leverages Gnarum’s XBID algotrading solution to optimize its portfolio performance and maximize Profit & Loss in continuous intraday sessions.
Managing a portfolio of this scale in the XBID market requires constant attention, rapid decision-making, and the ability to exploit short-lived market opportunities. The client needed to improve intraday performance beyond what manual trading or semi-automated tools could deliver, while maintaining full control over risk exposure and portfolio consistency across generation, storage, and consumption assets. Specifically, the challenge was to:
React in real time to price volatility and cross-border spreads
Optimize positions continuously as forecasts and asset availability evolve
Scale trading activity without increasing operational complexity
Achieve measurable P&L improvements in a highly competitive environment
Gnarum’s XBID algotrading platform was deployed as the core engine for continuous intraday optimization. Fully integrated with the client’s portfolio data and asset forecasts, the system automatically identifies and executes profitable trades across MI-A and XBID, adjusting positions dynamically as market conditions change.
The results achieved through Gnarum’s platform are fully measurable and transparent. The client ranks as the third trader by P&L (€/MWh) on MI-A + XBID and fifth by traded volumes in terms of TWh moved on XBID. All trading activity and performance outcomes are generated and managed through Gnarum’s algotrading infrastructure.
By combining advanced algorithms, real-time analytics, and seamless market connectivity, Gnarum enables the client to maximize intraday value, improve risk-adjusted returns, and operate at scale with confidence. The solution transforms continuous intraday trading from an operational challenge into a strategic advantage, reinforcing the client’s position among the top-performing traders in the Italian and cross-border markets.
