Markets
Trading systems for firms entering European power and gas. Great Britain is home. The work travels.
Entering a European market
A fund buying European renewables or batteries. A trading house, hedge fund or quant firm opening a European desk. A new balancing-responsible party. Each faces the same three questions.
Lenders and regulators will ask to see books that tie out, as of any date, and reports from the same data.
An algorithm or an agent must be notified, tested and kept within limits under REMIT II.
The trading core must replay books, positions and P&L to any instant from day one.
Coverage
Exchanges. EPEX SPOT. Nord Pool. EEX. HUPX and IBEX in south-east Europe. We built the exchange automation for a whole floor at Limejump.
Gas hubs. TTF. THE. PEG. NBP. We built the multi-hub standardisation behind six commodity desks at Shell.
Data. ENTSO-E. Elexon. The grid-connection register. Settlement data.
Regulation. ACER and REMIT II. The UK review of AI in the grid.
We have relationships and a language in Bulgaria, Hungary, Serbia and the wider south-east.
Our research, market by market
Great Britain
- The Balancing Bill: the Balancing Mechanism's daily cost.
- GB Connection Slippage: how far connection dates have moved since 2014.
- The Overdue Queue: projects past their connection date.
- Where the Dates Move: slippage by technology and area.
Other markets follow as the research is published.