As part of the internationalisation of the enmacc platform, we have developed two new functionalities for you, which we would like to explain to you below.
Functionality 1: Favorites when creating new queries
Creating new queries has now become even easier, because you will now see an intelligent suggestion of the control area or market area.
On the basis of the queries you have created so far, enmacc determines for each user which control area or which market area you prefer to use. The most frequently used value now appears at the top of the view and up to five entries are marked as favourites. The following graphic illustrates this:
Functionality 2: Risk filter by countries
In the risk settings, you can now use our new function to flexibly filter for which countries you want to make the settings.
This has the advantage that risk managers can focus even better on the countries relevant to the company and can make these settings accordingly. The graphic shows you where you can make the new risk settings.
Do you have any questions? Simply contact our Customer Success Team at email@example.com with a short e-mail, chat with us or call us at +49 89 215 415 00!
Perhaps you have already taken part in our market sentiment survey in the past and received a report on it at the end of the month?
If not, you should try the Market Sentiment feature now, as it shows that this tool generates valuable information for you.
On average, enmacc clients provide 195 tips per day for power and gas price trends. In return, all participants receive the aggregated market sentiment of all participating enmacc users every day at 9:30 am. For the first correct tip of the settlement price, a surprise package comes from Munich.
What sounds like a game holds a lot of valuable information for all participants. It has turned out that market sentiment is followed by many traders. In addition, you will receive a detailed evaluation of how your tips were placed in relation to the actual development. You will also see the spread of all tips from the previous month.
That way, you not only learn to assess yourself better over time but also learn early on how the market could develop on the basis of this additional market information. This can help to draw the right conclusions from the market sentiment in the future.
The charts since the beginning of the year show that both power and gas were clearly outnumbered by a bearish trend. This was even more pronounced in gas. And despite the fact that the calendar year is today about as expensive as it was at the beginning of the year, with fluctuations. One explanation might be that the spot market, which many are looking at especially in the cold months, has come under massive pressure. This could have distracted the daily market assessment from the actual underlying, the calendar year. If you have another idea why this might be, we would be happy to receive a short message followed by a sweet surprise.
Only in the last days, the Gas sentiment turned very bullish. We are curious whether this is sustainable or whether this is a short term development.
You can also see this development from the graphics provided.
Explanation of market sentiment vs. price development
Left Y-axis: dealer bullish in % minus dealer bearish in %. Example: 40 % bullish, 60 % bearish = -20%. Right Y-axis: Settlement price front year base German Power or Gas NCG in EUR (EEX)
The 5-day average is displayed in the charts to smooth out possible daily fluctuations in the market assessment (e.g. caused by gaps).
Do you have any questions? Simply contact our Success Team with a short email at firstname.lastname@example.org, chat with us or call us at +49 89- 215 415 00!
Perhaps you have already discovered that some of your trading partners now have profile pictures on enmacc!
The reason for this is just in line with Connecting Traders, you can now make the chat even more personal and upload a profile picture on enmacc.
How can you upload a profile picture? This is very simple. Under “Settings” -> “User settings” you can add a picture to your account with just a few clicks. Your profile picture should have a minimum size of 500×500 pixels and a maximum size of 5 MB.
Do you have difficulties uploading a profile picture? Simply contact our Customer Success Team with a short email at email@example.com, chat with us or call us at 089- 215 415 00!
We are proud to announce that we are the winner of the Energy Risk Award 2019 in the category “Innovation of the Year”.
The Energy Risk Awards reward companies from the entire energy sector for outstanding performance. Energy Risk Awards, are presented in many categories such as “Derivatives House of the Year”, “Deal of the Year”, “Commodity Broker of the Year” and of course “Innovation of the Year”.
These awards are global, but predominantly designed to cover companies based in Europe and America. The award ceremony took place this year on May 14th in Houston, USA, where our CEO Jens Hartmann received the award.
Why we have won the award? Besides our products entender and enmarket, the jury also pointed out the fast user growth on the platform as well as the liquidity in standard and non-standard gas and power products in Germany, Austria and the Netherlands.
An award that not only honors us, but also you as a customer. Therefore we would like to thank you, our customers & partners in particular, because without you it would not have been possible for us to establish enmacc as a new innovative energy trading place and to win this award! We look forward to shaping and further developing energy trading with you in the future!
With enstats we inform you on a monthly basis about the trading activities on enmacc. In our charts, you can find out everything about the distribution of commodities, delivery profiles, market areas, balancing zones and delivery periods in the month of April on entender.
All graphics result from all entender requests made in April 2019.