Learning Platform - "Markets & Trading"

Course: Master Agreements

About the Course

Acquiring insight and knowledge of:

  • Types of contracts
  • Contract specifications
  • Legal documentation
  • Documenting specific situations
  • Master agreements, legal frameworks
  • The working of ISDA, EFET and IETA contracts
  • Fall back procedures
  • Force majeure claims
  • Credit support arrangements
  • Insolvency and close-out netting

Course Contents

Introduction to master agreements

  • To provide the basics and explain what is covered
  • General provisions versus commercial terms

Contents of legal frameworks

  • About rights & obligations
  • Payment due dates, business days, timetables

Types of master agreements

  • About ISDA, EFET, GTMA, IETA and SCoTA frameworks
  • Terms of Trading

Confirmation process

  • About deal confirmation and automized processes
  • Confirmation process & confirmation officers in the back office

Settlement process

  • Delivery, invoicing and payment, including nomination process
  • Physical delivery contracts and cash settlement contracts


  • About bilateral netting, multilateral netting & close-out netting
  • Including exposure netting & payment netting


  • What are termination processes? When can these occur?
  • When can force majeure be claimed? What does it concern?

Credit support annex

  • About amendments to master agreements such as CSAs
  • Including collateralisation

Exam & Certification

Image of the ENTRIMA app on a smartphone

24/7 Learning & Consultation

The ENTRIMA Learning Platforms are also accessible on mobile devices. To do this, download the aNewSpring education app and open your ENTRIMA environment in it. This way you have access to the lessons and knowledge of the Learning Platforms anytime and anywhere.

ENTRIMA has trained numerous professionals and certified thousands of learners, and counting

The in-company training services were very satisfying, amongst others, as they served the purpose of learning by debate and through exchange of thoughts.

Pieter Schuurs
Intercontinental Exchange | ICE Endex

The most positive element of ENTRIMA’s online learning services concerns the progressive (step-by-step) approach from simple to more complex concepts.

Ronan Haas

The online learning services are based on a comprehensive curriculum with a wide variety of theoretical basics combined with a profound business knowledge. The courses provide an in-depth understanding of business relevant processes.

Mario Claeys
Uniper Global Commodities

ENTRIMA’s courses are very suitable for our employees; good quality content is what we look for.

Rob Veersma
Advisor | Global Energy Community

Really well structured and easy to follow content that is varied in delivery in order to keep the reader engaged. Looking forward to seeing more from the ENTRIMA in the future!

Erika Rabadia
Manager Trading Surveillance | Shell

The course provided a good explanation.

Mohammed Abi Afthab Olikathodi
Analyst Energy Data & Scenarios at Eurelectric

Content was good.

Maria Kramer
Operational Risk Management at Statkraft

Good illustrations

Nataly Trofimova
Head of Internal Audit at D.Trading

The most positive element of the course were the short informative lectures.

Olga Lysytsyna
Senior Consultant at E-Star

It is very informative and well described. The subtitles help.

Mohammed Abi Afthab Olikathodi
Analyst Energy Data & Scenarios at Eurelectric

ENTRIMA’s Learning Platform provides access to a rich variety of courses which is really valuable for a life-long learner. You can access the content anytime and very easily, using your time wisely to study and grow.

Onest-Dan Gheorghisor
Sr. Expert Energy Trading & Risk Management B2B & B2C Sales OVM Petrom

Entrima’s Intervision Groups provide us a good opportunity to dive into a range of topics, which are highly relevant to us. The sessions both provide good insights from Entrima and an active dialogue between the participants. This combination to the building of our internal knowledge about the ever-evolving areas of trading within the energy markets.

Henrik Kaspersen
Head of Compliance at MFT Energy