Shipping Module (SM)
The Shipping Module is the SIDC component that processes information from concluded intraday trades and sends the resulting data to relevant NEMOs, TSOs, central counterparties and shipping agents. Once the Shared Order Book matches orders, the Shipping Module helps turn matches into scheduled exchanges and settlement-relevant information.
The Shipping Module (SM) is the SIDC component that processes information from concluded intraday trades and distributes the resulting data to the relevant NEMOs, TSOs, central counterparties and shipping agents. In plain terms: once the Shared Order Book matches orders, the Shipping Module helps turn those matches into scheduled exchanges and settlement-relevant information.
What it receives
The module receives data about trades concluded between delivery areas and trades concluded within one delivery area but between different NEMOs. It combines SOB and capacity-management information with data from the relevant TSO, central counterparty and shipping-agent systems, then sends enhanced trade data to the parties that need it.
Why it is not visible to consumers
Retail consumers never interact with the Shipping Module. Its importance is operational: it is one of the pieces that lets a cross-border intraday trade become a reliable schedule for TSOs and a financially settled trade for NEMOs and clearing parties. Without that plumbing, SIDC would be only an order-matching screen, not a market-coupling process.