Typical commodity & energy trade operations are quite diverse. It includes the following:
Deal confirmation process
Confirmations control
Transactions must be confirmed by the trader to his colleagues in the back office, as well as by the counterparty; once these match, the deal is firm.
Matching of orders
Billing, invoicing & messaging
Cash transferring
Transfers because of amounts receivable or payable.
Due to payments of invoices and settlement processes.
Transfers because of cash collateral deposits and withdrawals.
Margining due to clearing.
Settlement
Payments
Delivery
Contracts must be unwinded. This typically involves delivery versus payment. Settlement of agreements could involve obligations or the execution of rights.
Events processing
All kinds of events can take place which lead to the desire or need to adjust positions and the related valuation.
Nomination
Utilisation of transport capacity must be nominated to the operator, including the use of gas pipelines, power grids, oil tankers and vessels to ship coal, metals or soft commodities.
Allocation & reconciliation.
Accounting
Financial reporting;
Regulatory reporting;
Monitoring of hedge documentation;
Review of ongoing hedge effectiveness.
Our Labels
Entrima and Market Abuse Centre (MAC) are the two labels we operate to provide 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.
MAC’s 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.