Balance of Month | ||
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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 |
Baseload | ||
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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 |
Basket | ||
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A set of indices used to price a trade For much more information please refer to the Detailed Glossary |
Bid | ||
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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 |
Blotter | ||
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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 |
Book | ||
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A book is a collection of trades, usually grouped by a trading strategy For much more information please refer to the Detailed Glossary |
Broker | ||
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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 |