Entrima

Quote Requests Training

Quote Requests Training

Assessment of your abilities to respond timely and accurately, while being complete, to identify whether you are fit for the job of trader.

Individual Bundle Licence

24/7 access to:

Basics of Trading Training Bundle

3 months access for 1 learner (€ ???,-)

Get individual licence

Capacity

You act in the role of a trader/broker-dealer.

Task

You can start the way you please. Transact whatever you like, the way you like. At a certain stage you will be challenged. You will have to perform tasks to see whether and to what extend you can perform under pressure and whether your have a feeling for numbers
You’ll be called via telephone to provide a client or peer various requests for quote (RFQ). Upon receipt of such a request, you will have to submit your quote. Any quotation has to consist of both a bid price and ask price, whereby a maximum bid-ask spread applies.

Objective

The aim of this simulation is to assess your skills as a trader and, thus to see whether your competences are fit for purpose.

Conclusion

At the end of the simulation you will be shown the score reflecting some of your capabilities. See how you have done. To assess your performance the following rules are considered:

  • YOUR BID price must be lower than YOUR ASK price.
  • YOUR BID > MARKET BID minus the MARKET Bid-Ask Spread (at the moment of submission).
  • YOUR ASK < MARKET ASK plus the MARKET Bid-Ask Spread (at the moment of submission).

Traders’ competences can be modeled by FAUC (Framework for acting under uncertainty and complexity). Traders have to be creative, resilient, adaptive, alert and entrepreneurial. In addition, they have to have a feeling for numbers and be good in calculating. Besides, traders have to be decisive, they should be daring to make decisions, under pressure, and, thus, in a timely manner.

Individual licence

24/7 access to all 50+ simulations
3 months access for 1 learner (€ 1.490,-)

Get individual licence

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.

Group licence

24/7 access to all 50+ simulations
3 months access for a group

Request quote

Reviews

After the self-study on the Learning platform, I wanted to get started right away, but I was afraid to apply my new knowledge in a ‘live’ environment. The Competence Trainer helped me get over my cold feet.

Eric Cornelissen

After the self-study on the Learning platform, I wanted to get started right away, but I was afraid to apply my new knowledge in a ‘live’ environment. The Competence Trainer helped me get over my cold feet.

Eric Cornelissen

Our Purpose

Entrima provides learning services for professionals in the commodity & energy markets.

Content & Context

Entrima’s mission is to transfer knowledge regarding the business, controls & operations of parties in (or relating to) the wholesale markets.

Conduct & Culture

Entrima mission is to facilitate the prevention & detection of misconduct and to foster proper behaviour in organisations. This is achieved via training, periodic updates and increased awareness.