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Training Courses
In cooperation with European Energy Exchange (EEX), ECC offers a training course which provides an overview on clearing and settlement processes as well as risk management on ECC. This course offers valuable insights into ECC’s operations and the energy market-related processes.
Overview
| Description: | Detailed training course regarding the settlement of transactions on ECC |
| Target group: | Persons from the fields of settlement, financial controlling, risk management |
| Availability: | Public training courses are offered at carefully chosen hotels. In-house trainings are held at venues selected by you. |
| Duration: | 1 day |
Topics of the Training
Basics
- History of the ECC
- Corporate structure
- Central counter party / structure of settlement relationships
- ECC Luxemburg
- Contractual structures
- Product portfolio and services
Process Overview
- Division of market segments
- Overview of the daily processes
- Financial settlement and holiday calendar
- TSO and deliveries
- IT-systems
The Spot Market Clearing Process via the Clearing System „SMSS”
- Products
- Process flows
- Accounts
- The spot market clearing system "SMSS"
- Positive and negative prices
The Derivative Clearing Process via the EUREX Clearing System
- Products, cascading, financial settlement
- Process flows
- EUREX System, Trade and Position, Trade Adjustments, Give up and Take up, Exercising an Option,
- System Process Times
The Risk Margin Calculation
- Types of margins, spot market margin, derivative market margin
- Calculations, margin classes, margin groups, cross-currency-margins
Fees
- Tax treatment of clearing services
- Invoicing
Dates and Registration
Dates
| Date | City | Language | Availability |
| - | - | - | - |
Registration
Please book in-house trainings at least 3 weeks in advance.
Up to 14 days prior to the training session, cancellation is free of charge. Otherwise, we charge a cancellation fee of € 50 per day. Should the registered person not be able to attend, we accept a replacement at no additional cost.
Fees
| training | per person | € 600,00 (plus VAT) |
| In-house training fees | ||
| For the organisation of in-house trainings we charge the following additional expense allowance: | ||
| Leipzig | flat | € 950,00 (+ VAT) |
| Germany | flat | € 1,400.00 (+ VAT) |
| Europe | flat | € 2,300.00 (+ VAT) |
| Worldwide | flat | individually |
