The sessions will be held by Entrima/MAC. The exact dates will be communicated as soon as possible. Each knowledge session comes with a corresponding 3-months access to either online training or trading simulations.

Participate in one (or more) of twelve ‘Knowledge sessions’

• Online session: MS Teams
• Format: Live-tutoring
• Interactive session: Presentation + Q&A
• Date: The first Monday of the relevant month
• Duration: 120 minutes
• Time window: 12:00-14:00 (CET)

Get access to the online ‘Learning platform’

• Online platform: Browser-based
• Format: Self-study
• Access period: 3-months
• Start date: Date of knowledge session
• Subscription: A selection of courses relating to the topic of the knowledge session
• Formalisation: Each course includes examination & certification

Annual Planning

January 2023

Knowledge session: The application of order types to execute trading strategies

• The working of the central order book & priority
• Generic limit orders versus specific order types
• Iceberg orders, all-or-none orders, stop-loss orders, etcetera

Learning Platform (Entrima) – Access to courses:

• Reasons to transact
• Price formation
• Central order book
• Order types

February 2023

Knowledge session: Inside information & the prohibition to publish

• Which information qualifies as inside information?
• When, where, who, why & how to publish?
• Uncertainty & dilemmas

Learning Platform (Market Abuse Centre) – Access to courses:

• Inside information
• Inside information – Under REMIT
• Inside information – Under MAR
• Inside information – Electricity production capacity
• Inside information – Electricity transmission capacity

March 2023

Knowledge session: Capitalising flexibility in the energy portfolio

• Price fixation versus caps & floors
• Entering into structured deals
• Unwinding a position

Learning Platform (Entrima) – Access to courses:

• Options – Hedging exposures
• Options – Real options
• Modelling
• Flexibility

April 2023

Knowledge session: Spreads & spread trading

• Location spread
• Cross-border
• Cross pricing zone
• Time-spread
• Intraday versus day ahead
• Spot versus forward

Learning Platform (Entrima) – Access to courses:

• Derivatives – Introduction
• Derivatives – Position management
• Options – Introduction
• Spreads & spread trading

May 2023

Knowledge session: Spoofing & layering

• Technicalities & aspects of relevance
• Varieties of these manipulative schemes
• Detection & prevention

Learning Platform (Market Abuse Centre) – Access to courses:

• Spoofing & layering
• Cross-market manipulation
• Wash trades
• Marking the close
• Pump & dump
• Pre-arranged trading & cross trades
• Circular trading
• Compensation trades & money passes
• Market cornering & abusive squeezes
• Fair & orderly trading
• Dissemination of false or misleading information
• Physical withholding

June 2023

Knowledge session: Dynamically monetising physical capacity

• Securing cash flows
• Locking-in intrinsic value
• Re-adjusting volume-wise

Learning Platform (Entrima) – Access to courses:

• Options – Hedging exposures
• Options – Real options
• Modelling
• Flexibility

July 2023

Knowledge session: Climate & weather risk in your portfolio

• The impact of wind, solar irradiation, precipitation and temperature on supply and demand
• Energy portfolio management
• Risk management & hedging tools

Learning Platform (Entrima) – Access to courses:

• Weather risk
• Weather data
• Weather derivatives
• Pricing of weather derivatives

August 2023

Knowledge session: Algorithmic trading

• Algorithmic trading strategies
• Coding & data science
• Algorithmic trading compliance

Learning Platform (Entrima & Market Abuse Centre) – Access to courses:

• The reasons to transact
• Central order book
• Order types
• Algorithmic trading
• Algorithmic trading compliance

September 2023

Knowledge session: Market manipulation

• Trade-based schemes
• Order-related schemes
• Information-related schemes

Learning Platform (Market Abuse Centre) – Access to courses:

• Spoofing & layering
• Cross-market manipulation
• Wash trades
• Marking the close
• Pump & dump
• Pre-arranged trading & cross trades
• Circular trading
• Compensation trades & money passes
• Market cornering & abusive squeezes
• Fair & orderly trading
• Dissemination of false or misleading information
• Physical withholding

October 2023

Knowledge session: Asset-backed trading in short-term markets

• Physical assets & financial assets
• Monetising flexibility in the portfolio
• Securing margins

Learning Platform (Entrima) – Access to courses:

• Options – Hedging exposures
• Options – Real options
• Modelling
• Flexibility

November 2023

Knowledge session: Trade surveillance

• Trade surveillance by regulators, exchanges and market participants
• Procedures, people & systems
• Alert management & reporting of suspicious activity

Learning Platform (Market Abuse Centre) – Access to courses:

• Surveillance – Financial crime
• Trade surveillance – The basics
• Trade surveillance – Systems
• Trade surveillance – Indicators of manipulative behaviour
• Trade surveillance – Option markets

December 2023

Knowledge session: Optionality in power portfolios – How to make use of it

• Business decisions
• Managerial choices to be made
• Make money on the back of flexibility in your portfolio

Learning Platform (Entrima) – Access to courses:

• Options – Hedging exposures
• Options – Real options
• Modelling
• Flexibility