enmacc recently launched Price Echo, our first fully digital market data service, to primarily address trading companies that are active in the PPA markets. Initially tackling cal 25-30 German power, this feature delivers price discovery on the illiquid part of the curve where price points are not readily available. Using this data, you can now better conduct essential activities such as completing mark to market, asset valuations, analytical models and creating initial trading liquidity.
Price Echo enables you to collect relevant price points for these maturities in the fastest, most efficient and transparent way. Every Tuesday between 16:30-17:00 CET, you anonymously submit your price assessment via the enmacc platform. We then run an automated quality control and once the round is complete, digitally distribute aggregated data back to all participants, all at no cost.
Price Echo provides:
Fully digital, efficient, and secure insights into market sentiments
Transparent methodology to ensure only qualified input is considered
Fully automated processes and calculation precludes any information leakage
Fully evaluated and approved – in line with competition rules and regulatory standards
The first four rounds of the enmacc Price Echo have shown falling prices for the German power Cal 25-30 basket. We also observed the average bid-ask spread for those maturities decreasing by more than 15% in just 4 weeks, indicating a steep learning curve on the fair value for all participants.
Contact our sales team on firstname.lastname@example.org to learn more on enmacc echo and how to participate.
As our first Interactive Games Session was a huge success, Enmacc will now host monthly gaming sessions.
These interactive sessions utilise our demo platform, identical to our live trading platform, and allows you to try out first hand the most important functions that enmacc has to offer. You will receive a personalised login to our demo platform that will allow you to experience our newest features and ask any questions that may arise.
Details at a glance:
Dates and Times: (CEST) 27th October @4:00 PM 3rd November @1:00 PM 9th December @ 5:00 PM
These sessions are held in small groups of 25 participants. Register now to save your spot!
Join Chief Strategy Officer & Management Board member of EEXgroup, Dr. Tobias Paulun, and Jens Hartmann, CEO of Enmacc, in episode 13 of our LIVE Digital Trader Summit. You will receive Dr Paulun’s expert views on the rise of PPA on the financial market in Europe.
You will learn more about:
How EEX members use Power Futures for long-term hedging of PPAs
Outlook for PPA hedging post COVID-19
Evolution of market-based solutions for hedging long-term price risk
Details at a glance:
Date and time: Thursday, 29th October 2020, @1pm (CEST)
We are pleased to announce that Refinitiv’s Eikon messenger service is integrated into Enmacc’s RFQ trading tool and available as an exclusive feature for professional traders.
This seamless integration will keep you informed on all new incoming RFQs, quotations and trades allowing you to focus on the market without missing any trading opportunities, all while enmacc is running in the background.
We enhanced our network by connecting 200+ energy traders on Eikon messenger that are now alerted on hundreds of Request for Quotes (RFQs) every day. Our collaboration on alerting clients is aimed at freeing time for traders to focus on keeping abreast of energy market breaking news, market analysis, modelling and other trading activities.
Sebastian Wilkes, Energy Trader, MVV, agrees that Eikon messenger has enhanced his workspace, “Now I do not have to monitor the enmacc service continuously, as Eikon messenger informs me in real-time on when I’ve been invited to respond to an RFQ. In addition, I save valuable screen real estate and only open enmacc services when needed”
The service is live now and automatically enabled with your personal Eikon account. Read more about the collaboration here.