Optimise your abilities with the Competence Trainer

Whether you have gained knowledge in daily practice at work or at our learning platform, one day, the moment you need to apply it will appear. However, the impact of a potential error often forms an obstacle to get started with full force and with maximum enthusiasm. Practicing in advance in a safe environment without consequences removes the hindrances and helps you to gain confidence.

ENTRIMA Competence Trainer

The competence trainer is an online platform with simulations to master product knowledge, pricing expertise, trading strategies, risk management and trading operations for every professional in the commodity or energy markets with a business, control or support function.

Feel competent and confident

Practice with the competence trainer will lead to a range of improvements and it enhances your knowledge, skills, and your overall performance in the wholesale markets. You will feel much more competent and confident with concepts, processes and terminology.

24/7 access to all 50+ simulations

The trading simulations cover different products, various technical aspects and strategies, risk management and trading activities. Run the trading simulations repeatedly, each time with a new scenario, they mimic real market conditions. They help you to apply knowledge, optimise competencies and increase expertise.

Licence for group

  • “Unlimited Access” for all members of the group
  • 24/7 access to all 50+ training/simulations
  • 3 months full access

Frequently Asked Questions

For whom is the Competence Trainer most useful?

The Competence Trainer is suitable for any professional in the commodity & energy markets with a business, control or support function. This includes regulators, compliance officers, surveillance experts, risk managers, analysts, clearing specialists, settlements officers and IT professionals, as well as junior traders and brokers.

How does it work?

Practice your abilities unlimited without risk. The simulations mimic real-life situations at work and the required market-related actions. A user can, for instance, act in the capacity of a trader and perform screen-based training, via a front-end trading system (replicating both OTC trading and exchange-trading), as well as by responding to telephone calls, either based on a dedicated assignment or free format (in any role of choice).

Is it difficult to perform the training?

No, there are five ways to guide you, namely 1. instructions (pre-simulation), 2. a tutorial (at the start of the simulation), 3. reminders (during the simulation), 4. report & advice (post-simulation), and 5. exam.To ensure progress is not hindered, a tutorial helps you to get started, while reminders are generated during the simulations to keep you on track.

What ensures that I improve my competencies with the Competence Trainer?

You turn information into knowledge. Competence training facilitates the conversion of information into knowledge by guiding learners through active engagement, critical analysis, and practical application of lessons learnt.

What learning objectives does the Competence Trainer serve?

Master basic processes & conceptsIncluding related terminology & related aspects

  • The trading environment
  • The trade process & the contract lifecycle
  • Straight through processing (of orders and deals)
  • The decision-making process, psychology of markets and handling emotions

Master OTC trading + usances in bilateral deals

  • Master agreement, credit risk management (limits) & the role of inter-dealer brokers

Overcome exchange-trading

  • Clearing
  • Margining (intial & variation margin + cross-margin)

Conquer risk management

  • Price volatility & price correlation
  • Scenario analysis: Value at risk (VaR)
  • Sensitivity analysis: Greek variables (Delta, Gamma, Vega, Theta, Rho)

Perform market analysis

  • Processing data &, news as well as price forecasting

Price chart analysis

  • Real-time graphical representation of the price development

Forward curve analysis

  • Real-time representation of prices of contracts with a different time-to-maturity
  • Contango & backwardation
  • Seasonality & cost of carry

Learn how to optimise the financial performance

  • Securing future cash flows and margins

Interpret result – Understand the financial statement

  • Take into account relevant aspects in order to qualify or to quantify the performance:
    • Direct transaction costs (fees), as well as indirect transaction costs (slippage)
    • Profit & loss (P/L), realised(after liquidation) & unrealised(open positions; M-to-M)
  • The process of (cash) collateralisation
    • Deposits(initial margin + variation margin)
  • Cash management
    • Finance liquidity & working capital
  • Identify transaction cost
    • Exchange fee & clearing fee

Secure expertise in the trading process

  • Transacting or deal-making (buying & selling)
  • Open a position & close a position
  • Order types, plus order submission, processing and matching
  • Hitting & lifting
  • Market making & market taking (initiator & aggressor)

Overcome position management

  • Long/short (master short selling)
  • Netting (multilateral)

Conquer types of products

  • Spot contracts, forwards and futures

Assure your expertise in pricing

  • Price formation, order book and bid & ask
  • Market liquidity
  • Price volatility

How much time will it take me to go through all the simulations?

At every simulation you can choose to run it in fast mode (5 minutes), medium (10 minutes) or slow (30 minutes). Next, you have access to a multitude of (different) simulations. This means you need to multiply by this number. Furthermore, as you may run each simulation unlimited times, you can spend as much time as you’d like. Luckily, every time you run the same simulation;you will face other circumstances just like in reality (random scenarios lead to different market developments).

What are my options if the validity period of my licence has expired but I haven’t gone through everything yet?

Send your request to renew your licence per email to info@entrima.org. Upon your payment we’ll effectuate your renewal.

Can I extend the validity period of my licence?

Yes, easily. Send your request to extend the validity period of your licence per email to info@entrima.org. Upon your payment we’ll extend the validity period, or (if already expired) we’ll effectuate your renewal.

Do I get a certificate if I have completed everything correctly?

Any simulation ends with an exam, consisting of a selection of questions. Upon passing you’ll be certified instantly, ready for immediate download from the system, so that you can upload into your corporate and/or personal files.

How can I develop my competencies even further?

Entrima offers a variety of learning services. Amongst these, a tailored training guided by a tutor (online or on-site) might be preferred, although Entrima’s “Intervision” service is another excellent option to extend your knowledge and skills by reflecting on a wide range of topics ongoing. This way, continuous professional developed is effectuated.


“Entrima’s Competence Trainer is unique in its kind. I have never seen anything alike. It allows learners to master lots of relevant aspects of trading operations, including clearing, netting and margining in a very pragmatic way.”

Miquel Thijssen Senior Sales Consultant, Sales Clearing Europe, European Energy Exchange