Everything post-trade. One integrated ETRM system.
Discover how Copper's advanced features help European power traders execute more profitable trades while reducing operational complexity.
Power Platform core features
Each feature is designed to solve real problems that power traders face every day.
Exchange adapters
The platform comes with built-in adapters for leading European power exchanges, offering a plug'n'play experience to getting started.
Positions management
Positions can be split and managed independently using the built-in book structure.
Modeled after accounting systems – a proven approach for handling financial transactions.
Trade routing
Flexible, rule-based trade routing can direct transactions into books based on trade criteria.
P/L reporting
Realtime reports aggregate P/L aggregated by grids and books and accumulates totals for today (realized/unrealized), WTD, MTD, etc.
Settlement calculation
Advanced settlement schedules can predict invoices/credit notes from exchanges and TSOs, enabling back office to keep tight control.
Cash flow prediction
Invoices and credit notes can be aggregated into timelines, predicting cash flow in/out of bank accounts and credit utilization.
Innovative UI
Combines native window management with web-based UIs, thus offering the best of both worlds, i.e. Windows platform look-and-feel combined with seamless updates.
No downtime
New features are added without maintenance windows or downtime – that's how modern software works.
Interconnectors
Supports flow nominations between grids, including proper loss calculation.
Exchange gateway
Place orders on the connected exchanges using a uniform, web-based API (coming soon)
Why companies choose Copper over legacy systems
Stop struggling with outdated platforms that slow you down. Copper delivers everything modern power traders need in one comprehensive solution.
That separation is intentional. It’s how you get reliability.”
Delivered as software-as-a-service in an isolated environment
Each instance has its own dedicated resources
Built on modern tech – no downtime/maintenance windows
Aggregates trades from auctions and continuous trading
Seamlessly handles multiple exchanges
Built-in connectors for exchanges and relevant price sources
Based on strong, event-based principles throughout
The positions overview is the companion you need for your trading app(s) (in this case showing Comtrader from EPEX).
Positions are aggregated across both auction and continuous trading (possibly also from multiple exchanges), so you will know in real-time exactly what you're dealing with.
The positions overview packs a lot of information, e.g. gross sums with bought/sold with VWAP, break-even prices, visual indication of TSO-settled time slots, open position valuation based on prioritized price sources + much more.
Here it is aggregated across all trading books. The view can be filtered to display the contents and the same calculations for a specific book, too, and also for different contract sizes.
Internal movements can be easily created for one or more positions at once, possibly fetching individual prices from any of the configured price sources.
In this case, the break-even price was selected, which yields a local P/L of 0 in the Positions book.
The P/L report shows aggregations for today, week, month, quarter, and year, both in each grid's native currency as well as converted to EUR using relevant rates from ECB.
Today's and future P/L is divided into "realized" and "unrealized", based on whether a position has been closed (either by trading, or by the TSO) or whether the P/L is estimated.
Track your progress from day to day with visual indications of how it is going.
Trends and off-days can be spotted at a glance.
Advanced settlement schedules for each counterparty predict when invoices are due and either calculate or estimate what amount is to be debited/credited.
In this case, it seems like we need to pay EPEX some GBP, but it looks like we can expect even more GBP to be credited by Elexon.
Invoice amount approval with full auditing enables tight control of money going in and out of your company.
Get the predicted cash flow visualized on a timeline to be ahead in the liquidity game.
Due to the varying nature of the settlement schedules, cash can get unintentionally allocated for weeks, if this apect is not properly observed.
Trade routing makes it possible to automatically import trades into specific book, e.g. if you have a book for each trader.
Rule sets can be toggled on/off, making it easy for e.g. day, evening, and night shifts to share trading stations.
It's also easy to route trades that stem from algorithmic trading into specific books, enabling that they can be individually benchmarked.
Views tailored for trading on interconnectors can display net positions on connected grids, available and remaining capacity, nominated amounts, etc.
The underlying model for the interconnector knows how to calculate the associated transmission loss down to the last decimal.
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