Energy | ||
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The unhelpful sounding physics definition: Energy is the capacity of a physical system to perform work We know energy: light, heat, electricity, kinetic (motional) energy, potential (the energy something gets when we lift it up) energy etc. For much more information please refer to the Detailed Glossary |
Entry Capacity | ||
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Capacity to flow (usually gas) onto a National Transmission System For much more information please refer to the Detailed Glossary |
ETRM | ||
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Energy Trading and Risk Management - usually referring to a computer system that allows trades to be electronically recorded, and risk measures to be calculated For much more information please refer to the Detailed Glossary |
Exchange | ||
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An Exchange is a trading organization which matches bids and offers on standardized contracts to form trades. Unlike a Broker the Exchange acts as the counterparty for the trades, and trading is anonymous For much more information please refer to the Detailed Glossary |
Execution | ||
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In trading terms execution is the act that makes a trade a legally binding contract between the trading parties For much more information please refer to the Detailed Glossary |
Exposure | ||
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Exposure is the sensitivity of the value of a trade, or a portfolio, to some market variable A single trade may have Exposure to multiple market variables, and we measure the Exposure to each variable separately. In general there is an Exposure to each independent market variable that determines the value of the trade For much more information please refer to the Detailed Glossary |
Fee | ||
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A fee is a cash payment which may be associated with:
For much more information please refer to the Detailed Glossary |
Floating | ||
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A financial side or leg of a trade that is not fixed in advance, but is dependent on the value of some observable (usually an index) at a pre-agreed time related to the delivery date For much more information please refer to the Detailed Glossary |
Forward | ||
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A Forward, or Forward Contract, is an agreement to buy or sell a commodity at a fixed time in the future For much more information please refer to the Detailed Glossary |
Front Month | ||
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The earliest tradable month of a particular contract - normally a Futures contract For much more information please refer to the Detailed Glossary |