SECTION 1: Energy & Commodities Market Fundamentals (1ā20)
1. What Is an ETRM System?
2. Role of Openlink Endur in Energy and Commodities
3. Physical vs Financial Energy Trading
4. Core Market Participants (Traders, Utilities, ISOs, Producers)
5. Commodity Value Chains ā Power, Gas, Oil, LNG, Renewables
6. Spot vs Forward Markets
7. Futures, Forwards & Options in Commodities
8. Physical Delivery & Nomination Cycles
9. Exchanges & Marketplaces (ICE, EEX, CME, NBP, TTF, PJM)
10. Indices & Pricing Sources (Platts, Argus, ICE Data)
11. Volatility, Curves & Seasonality in Energy
12. Regulatory Landscape (REMIT, EMIR, Dodd-Frank, MiFID II)
13. Risk Categories: Market, Credit, Operational, Liquidity
14. Lifecycle of an Energy Trade
15. Role of Risk & Operations Teams
16. Credit Limits, Margining, and Collateralization
17. Settlement & Invoicing Overview
18. Contract Structures (Swing, Take-or-Pay, PPA, Tolling)
19. Trading Systems Ecosystem (ETRM, CTRM, ERP, Risk Engines)
20. Why Openlink Endur v25 Remains the Market Leader