What you will learn
The purpose of the course is to give participants a broad understanding of all the products listed on the Nasdaq Commodities exchange with weight on the Nordic and European power market. You will receive a clear understanding of the financial marketplace, the role of the different market participants, the products and markets that are offered in addition to trading and settlement, clearing and surveillance services.
Nasdaq Commodities offers derivatives within Nordic and European power, natural gas, carbon emissions, and electricity certificates in addition to clearing services. You will gain deeper insight into product structures in this course and how hedging based on financial contracts, combined with physical procurement at national or regional spot markets, work together.
After the course, you will have a clear understanding of the difference between the physical and financial marketplaces, the role of the different participants, the products and markets offered in addition to trading and settlement, clearing and surveillance.
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The purpose of the course is to give participants a broad understanding of all the products listed on the Nasdaq Commodities exchange with weight on the Nordic and European power market. You will receive a clear understanding of the financial marketplace, the role of the different market participants, the products and markets that are offered in addition to trading and settlement, clearing and surveillance services.
Nasdaq Commodities offers derivatives within Nordic and European power, natural gas, carbon emissions, and electricity certificates in addition to clearing services. You will gain deeper insight into product structures in this course and how hedging based on financial contracts, combined with physical procurement at national or regional spot markets, work together.
After the course, you will have a clear understanding of the difference between the physical and financial marketplaces, the role of the different participants, the products and markets offered in addition to trading and settlement, clearing and surveillance.
Course Fee
- Members: EUR 750
- Non-Members: EUR 1 000. Student discounts available upon request.
The course fee includes:
- Copy of "Power to the People - 20 years of Nordic power market integration" book
- Lunch and refreshments
- Nasdaq Academy course diploma
Course Registration
Email isabel.pettersen@nasdaq.com. Remember to include your full name, title, email address, phone number, full company name, organization number and company invoicing address. Please specify if you have any allergies.
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- Members: EUR 750
- Non-Members: EUR 1 000. Student discounts available upon request.
The course fee includes:
- Copy of "Power to the People - 20 years of Nordic power market integration" book
- Lunch and refreshments
- Nasdaq Academy course diploma
Course Registration
Email isabel.pettersen@nasdaq.com. Remember to include your full name, title, email address, phone number, full company name, organization number and company invoicing address. Please specify if you have any allergies.
Course Agenda
Financial Market
- Introduction to the financial market
- Products in the financial market
- DS Futures and futures contracts
- EPADs
- How to trade financial contracts
- Trading period
- Delivery period
El-Cert
- The El-Cert system
- Market Participants
- Trading and Clearing
Clearing
- What is clearing? Why clearing?
- Regulatory changes
- Trade repository
- Settlement
- Margin and collateral
- Default fund
- Clearing Workstation (CW2)
- CMS Web
- The way forward
Market Surveillance
- What is the function of market surveillance?
- Is there a need for a surveillance department?
- How do we conduct our work?