Tuesday, 27 September 2022, 11:29 AM
Site: Dark Energy Consulting
Course: Free Simple Glossary of Energy Trading terms (Simple Glossary)
Glossary: Free Simple Glossary of Energy Trading terms
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Balance of Month

by Nick Henfrey - Saturday, 9 May 2015, 7:14 AM
 

A type of contract in which the delivery period is the remainder of the current month

For much more information please refer to the Detailed Glossary

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Baseload

by Nick Henfrey - Saturday, 9 May 2015, 7:14 AM
 

Term used in power (electricity) trading and operations to describe continuous delivery (24 hours a day, 365 days a year)

For much more information please refer to the Detailed Glossary

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Basket

by Nick Henfrey - Saturday, 9 May 2015, 7:14 AM
 

A set of indices used to price a trade

For much more information please refer to the Detailed Glossary

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Bid

by Nick Henfrey - Saturday, 9 May 2015, 7:14 AM
 

A Bid is a type of Order; a trader bids to buy a product or commodity at the Bid price

For much more information please refer to the Detailed Glossary

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Blotter

by Nick Henfrey - Saturday, 9 May 2015, 7:14 AM
 

A Blotter is a traditional term for a form on which trade details are recorded by a trader as trades are executed

For much more information please refer to the Detailed Glossary

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Book

by Nick Henfrey - Saturday, 9 May 2015, 7:14 AM
 

A book is a collection of trades, usually grouped by a trading strategy

For much more information please refer to the Detailed Glossary

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Broker

by Nick Henfrey - Saturday, 9 May 2015, 7:14 AM
 
A broker acts as an intermediary in the trading process
 
Most energy execution brokers operate a trading platform, that allow Orders to be submitted on a variety of standardized trading Products or Instruments. 
 
When Orders are matched then a trade is executed, and the parties making the matched Bid and Offer are each notified that a trade has been executed. 
 
The trade is legally executed between the respective parties
 

For much more information please refer to the Detailed Glossary