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Old 01-24-2020, 05:28 PM
  #1039  
fcoolaiddrinker
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Joined APC: Dec 2012
Posts: 2,102
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Originally Posted by DrJekyll MrHyde View Post
While 4% is a decent amount of holdback for a PBS system, by my estimation is considerably less than we have leftover in the OT pot now when trading begins. After OT Live begins for the month and a people cram in a few more trips, I think little is leftover in the OT Pot.

So, less trips in the OT Pot means less aggressive bidding for reserves.

I think the 4% holdback is a small perk for having something to swap with in the OT Pot. But more importantly it allows PBS to have up to 4% of trips leftover when it creates its solution, minimizing the need to unstack and assign leftover trips.

More pilots are dropping than adding when daily opens. It’s why the grid goes from good to bad quickly.
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