Learning Platform - "Trade Compliance & Surveillance"

Course: Settlement

About the online training programme

Settlement is a crucial process in trade operations. At maturity a contract has to be respected and agreements have to be effectuated. How this works is set out in this course.

Course Contents

This course covers the following videos:

  1. Introduction
  2. Settlement types
  3. Supply contracts vs. derivatives
  4. Physical delivery vs. cash settlement
  5. Settlement risks
  6. Avoiding physical delivery
  7. Settlement date
  8. Dynamics in settlement dates
  9. Cash settlement
  10. Contracts with delivery moment – Introduction
  11. Contracts with delivery moment – Last trading day & maturity
  12. Contracts with delivery moment – Seller’s choice
  13. Contracts with delivery moment – Physical delivery
  14. Contracts with delivery period – Introduction
  15. Contracts with delivery period – Time-to-maturity
  16. Invoicing & payment
  17. Specific differences
  18. First & last notice day
  19. Closing or rolling
  20. Exchange-traded futures vs. OTC-traded forwards
  21. Alternative delivery procedure
  22. EFP – Introduction
  23. EFP – Applications
  24. EFP – Applications – Swap futures for physicals
  25. EFP – Applications – Open a futures position
  26. EFP – Applications – Close a futures position
  27. EFS – Exchange of futures for swaps
  28. Trading at settlement
  29. TAS order initiation & matching
  30. Trading at marker
  31. Contracts with delivery period – Settlement
  32. Contracts with delivery period – Lower margin requirement during delivery
  33. Contracts with delivery period – Cascading – Introduction
  34. Contracts with delivery period – Cascading – Volume neutrality
  35. Contracts with delivery period – Cascading – Value neutrality
  36. Contracts with delivery period – Cascading – The objective
  37. Contracts with delivery period – Cascading – Impacting margin requirements

This course also includes examination and certification.

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