Training: Quote Requests (information)

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


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


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.


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


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.


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.