Allegro ETRM (Energy Trading and Risk Management) Software vs. E*TRADE

Allegro ETRM (Energy Trading and Risk Management) Software is excellent for trade date entry and record keeping. It also links well to SQL and BI reports for Capital Power. The panes seem to be very customizable to a degree. It's not perfect, however, for Credit Management because there are too many different panes to entry details, resulting in multiple data field redundancies.

Incentivized

During the COVID pandemic, the airline companies were taking a big hit on travel and I saw this as a great opportunity to invest in airline stock because its value in the market had dropped tremendously. I used this opportunity to invest in multiple airline stocks through e-trade by buying the stock at an all-time low for airline stock. It was a great investment for me in the long term.

Incentivized

• Act as Database
• One location for all Credit Info for counterparties
• Trade details lookup

Incentivized

• I like their sell orders that allow you to set a price or percentage as a stop loss.
• Their dashboard is easy to use and gives you some quick info.
• I also like E*TRADE's reports for gains and losses.
• Moving funds into and out of your accounts is pretty simple with E*TRADE.

Incentivized

• There are multiple panes for data entry, it will be nice if there was just a single pane
• Allegro ETRM (Energy Trading and Risk Management) Software takes time to get use to as it's not very intuitive
• Performance can be slow sometimes

Incentivized

• summary page needs to have more details like it doesn't show current market price for an option purchased
• purchase or sell needs to be user friendly so it takes less time.

Incentivized

I've used ROME, Openlink, and CRM before. Along with Allegro ETRM (Energy Trading and Risk Management) Software, they all have their strengths and weaknesses. Allegro ETRM (Energy Trading and Risk Management) Software has been the best for trade data, AR, and AP entries. ROME was more intuitive and is web-based making it more easily accessible. Overall, Allegro ETRM (Energy Trading and Risk Management) Software has been the most advanced ETRM I've worked with.

Incentivized

robinhood is similar to e-trade but they are geared more to bitcoin and companies that may not be offered on E*TRADE because they are off-market companies.

Incentivized

• Efficiency improvements
• Data record accuracy imporements
• Trade risk management

Incentivized

• Limit how much you want invest.
• This is an open trade website and there is a risk of losing your money based on your investments.
• If you make some sound investments and keep yourself within a budgeted spending limit there is the opportunity to make money on e-trade.

Incentivized