Courses – Learning Objectives – What Is In It For You?

Training can be organised to meet a desire, or it aims to meet a requirement. After all, on the one hand, learning serves the purpose of mastering knowledge and optimise skills, but, on the other hand, it allows to comply with regulation. Some regulations oblige employers to train employees, typically periodically, and to raise awareness. Other regulations force parties to train their management and staff to enable them to be in control. Entrima’s courses are specifically set up to meet those objectives. Our online learning platform can also be used for continuous professional development (CPD).

Furthermore, the more knowledgeable a professional becomes, the better one is able to communicate and understand what is being said, both internally, within the organisation, and externally, with clients or suppliers. This way, the effectiveness at work improves and one can work more time-efficient. In addition, a higher level of know how improves a person’s accomplishments and it allows for the optimisation of skills. Both knowledge and competences will contribute to the performance at work. Besides, it will also lead to less mistakes and errors or fraud to be detected sooner.

  • We provide training on fundamentals, including:
    • Basic aspects, concepts and processes, plus related terminology
  • We specialise in essentials, including:
    • Markets: Market structures, market working and regulation
    • Products: Commodities and energy products, derivatives and supply contracts
    • Pricing: Price drivers, price formation and price-indexation
    • Trading: Trading of commodities and energy, physical & financial
    • Risk: Risk management of positions & portfolio management
    • Hedging: Hedging strategies and hedging tools
    • Derivatives: Futures, options and swaps
    • Positions: Asset management and portfolio optimisation
    • Strategies: Asset-backed trading and proprietary trading
    • Flexibility: Outright, embedded & real options

Our curriculum, reflecting a comprehensive bundle of training courses, includes the following learning objectives:

  • Master basic processes & concepts – Including related terminology
    • 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
  • Become an expert in trading
    • 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 vs. aggressor)
  • Learn about position management
    • Long/short (master short selling)
    • Netting (multilateral)
  • Conquer types of product
    • Forwards, futures & options
    • Spreads (cross-commodity spreads, time spreads, location spreads)
  • Assure your expertise in pricing
    • Price formation, order book and bid & ask
    • Market liquidity
    • Price volatility
  • To familiarise with the look & feel of screen-based trading.
    • What is shown on a screen? And which details matter most?
    • Analyse what bid or ask stands for
  • Master the working of an order book
    • To analyse the bid-ask spread
    • To observe market depth
  • Master OTC trading and the usances in bilateral deal-making, including:
    • Master agreement, credit risk management (limits) & the role of inter-dealer brokers
  • Overcome exchange-trading
    • Clearing
    • (Cross-)margin
  • Learn about risk management
    • Value at risk (VaR)
    • Price correlation
    • Greek variables (Delta, Gamma, Vega, Theta, Rho)
  • Perform market analysis
    • Processing data &, news as well as price forecasting
    • Fundamental analysis, technical analysis, quantitative analysis, psychological analysis
  • Price chart analysis
    • Dynamic graphical representation of the price development
    • Charting: Support & resistance lines, as well as confirmation & reverse patterns
  • Forward curve analysis
    • Static graphical representation of prices of contracts with a different time-to-maturity
    • Contango & Backwardation
    • Cost of carry
  • Master FX trading
    • Exchange one currency position for another currency position, as you like
    • Monitor FX rate developments and the impact of it for deal-making
    • Provide price quotations & learn about FX exchange rates
    • Experience inter-bank transactions
  • Learn how to optimise the financial performance
    • Experience future cash flows are margins can be assured
  • 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