Market Continuation
A market entry does not necessarily stop when you are live in the market. Local regulations or market rules can require you to keep information up to date and do ongoing reporting.
Whether it is user access management, which ensures that your traders are added and removed correctly, volume reporting, which can lead to fines if not reported correctly and on time, or any other task which you need to do on an ongoing basis, at EMP can offload these burdens from your shoulders and give you more time to focus on your PnL.
Who is the Market Continuation service for?
The services can be relevant for all trading houses. We have worked with companies of all sizes and are flexible to ensure that our market continuation service works in compatibility with your setup. With our market access service, we have a deep knowledge of the operations of your company, which we utilize to ensure that the documents are filled out in an efficient manner.
This service is for all markets that we cover in our Market Access services.
Are we a match?
Are you a small trading company looking to outsourcing some of your back office duties, helping with a lean company setup?
Or are you an established trading company, but are looking to use our expertise to utilize your back office for other tasks?
By using our market continuation service, you make sure that any reporting and compliance obligations from your side are executed correctly and on time. We always stay up to date with new regulations, assuring any new requirements are met and no obstacles that could put a stop on your trades occur.
The process of Market Continuation
Like any other of our services, the Market Continuation service can be a follow up on one of our previous services or it can be a starting point for our collaboration with you.
Initial inquiry and Consultation
Reach out to Energy Market Partners (EMP) if you are interested in using our Market Continuation service.
This step typically requires 1-2 meetings, during which EMP conducts an initial consultation to understand your needs and objectives.
Preparation and Planning
Together we make an overview of the tasks in which you need market continuation. Hereafter we will plan and setup internally, to prepare for you reporting obligations.
This step typically requires 2-4 weeks depending on the scope.
Setting up for market continuation
When the reporting obligations has been setup internally, we are ready to start the market continuation on your behalf. We will need access to the relevant portals, to ensure smooth transition period.
This process will take 1-2 weeks.
Onoing market continuation
As we now have access to the relevant platforms, we will overtake all reporting obligations within the scope.
This process can be undertaken as long as needed by the client.
Why use Energy Market Partners?
As experts within our offered services, we stay on top of the requirements that are expected from active Balance Responsible Parties.
Working in close collaboration with the authorities to assure that we have the most reliable and up to date source of information.
Often reporting and compliance obligations are not clearly stated and it is time consuming to find out what is expected from you.
Not complying with obligations could lead to suspension of your rights to be an active party in the selected market until your obligations have been fulfilled, receiving penalty fees or leading to a situation where you will need to start a new process of application for a trading license.
Frequently Asked Questions
We have a fixed price for our service that we provide according to the selected market.
No, Market Continuation is a separate product that is not included in the price of our market entry service.
Yes, we offer the service for all countries we cover, but it is up to the client which markets they want the product for.
Still have questions?
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With EMP’s full-service approach, we make energy trading simpler and more efficient, turning market complexities into opportunities for your business to grow and succeed.