Brady Technologies is excited to announce the latest release of Igloo ETRM, our state-of-the-art, real-time, cloud-native energy trading and risk management system. Tailored to meet the dynamic needs of contemporary energy traders, this significant update considerably broadens Igloo’s commodity scope. This release introduces robust capabilities for financial traders to effectively manage their portfolios across metals, agricultural products, and soft commodities within the Igloo platform. Additionally, we’ve integrated comprehensive pan-European power scheduling directly into Igloo, offering a seamless experience right out of the box.
Key enhancements
End-to-end physical power management in Europe
Igloo now facilitates the entire trade lifecycle in the European physical power market, from execution on exchanges to scheduling with over thirty European transmission service operators. This extensive coverage includes support for various cross-border interconnectors, made possible through the integration of Igloo ETRM with PowerDesk Scheduler.
Expanded commodity trading capabilities
Financial traders can now utilise Igloo’s advanced, real-time, cloud-native features to manage diverse portfolios, including financial metals, soft commodities, and agricultural products. A wide array of instruments within these commodity types is pre-configured in Igloo, streamlining the trading process.
Enhanced trade processing
Igloo now supports the processing of iron ore trades from the Singapore Exchange (SGX) and a range of base and precious metals from the Chicago Mercantile Exchange (CME). Additionally, full support for financial metals instruments on the London Metals Exchange (LME) has been incorporated.
Extended contract support
The TTF ICIS Heren contract and Brent CFDs on the ICE are now fully supported within Igloo.
This major release of Igloo ETRM opens up new possibilities for a wide spectrum of market participants. European physical power market players can leverage Igloo as a comprehensive, integrated solution, encompassing the entire journey from trade inception to power flow scheduling. Simultaneously, financial commodity traders benefit from a robust and extensive offering across multiple commodity types.
Stay ahead in the rapidly evolving energy market with Igloo ETRM’s latest capabilities.
