What is a CTRM system?

A CTRM (commodity trading and risk management) system is the platform a trading business runs its book on. It captures physical and paper trades, values positions against market curves, tracks credit and market exposure, schedules and tracks cargoes, and settles the money — replacing the spreadsheet estate most desks accumulate. Octane covers that whole lifecycle in one audited platform.

How is Octane different from a spreadsheet-based trading operation?

A spreadsheet cannot tell you who changed a price, when, or on whose approval. Octane records every change as an immutable audit event, routes governed changes through maker-checker approval, and emits domain events so downstream modules react automatically. Position, risk and settlement all read from the same records, so the desk, the risk team and finance stop reconciling three versions of the truth.

Which commodities does Octane support?

Crude oil, refined products, natural gas and LNG, coal, and carbon credits — physical and paper, spot, term and master-contract structures. Units, quality specifications, conversion factors and pricing conventions are configured per commodity rather than hard-coded.

How is Octane licensed and priced?

Octane is licensed by package: Trade, Operate, Settle and Control, plus Advanced Analytics. Start with the one that matches how your desk works today and turn on another as the operation grows — the platform is one system, so adding a package unlocks modules rather than starting a migration. Advanced Analytics is charged separately because it carries its own data infrastructure. Founding clients get a free, customizable development application and a 30-day full-feature trial.

Can Octane run on our own infrastructure?

Yes. Octane runs as a browser application, as a mirrored desktop client for Windows, macOS and Linux, and can be deployed into your own cloud tenancy or data centre. It is a Java and PostgreSQL stack with no proprietary runtime dependency.

How long does implementation take?

Because reference data, permissions, approval workflows and even interface wording are configured rather than coded, a single-desk deployment is measured in weeks rather than the multi-year programmes this category is known for. Founding clients are onboarded alongside the team that builds the product.

Physical coal

Coal trading software

Thermal and metallurgical coal on a tonnage and calorific-value basis, with quality penalties and bonuses, load and discharge terms, laytime and demurrage — priced against the indices the contracts actually reference.

Units: MT Physical & paper

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Octane coal chartering, laytime and operations

The lifecycle

From capture to cash, on one record.

1
Capture

Tonnage, calorific value, quality specification and shipment window.
2
Price

Index pricing with CV adjustment and quality penalty or bonus.
3
Operate

Chartering, load and discharge, laytime and demurrage.
4
Settle

Invoicing on measured tonnage and analysed quality.

Built for this market

What you get for Coal.

Configured for how this market actually trades — units, specifications, pricing conventions and settlement rules — rather than a generic template with the labels changed.

Calorific-value pricing

Price adjusted on the analysed CV against the contractual basis, so the invoice matches the quality actually delivered.

Quality penalties & bonuses

Ash, sulphur and moisture adjustments applied as governed contract terms.

Chartering & laytime

Voyage, laytime and demurrage tracked against the cargo and folded into deal economics.

Index-linked contracts

API and other published indices enter as governed market data with approval and provenance.

Stock & stockpile valuation

Inventory positions valued on the same curves as the trading book.

Take-or-pay and term coverage

Master and term contract utilisation visible against actual liftings.

Before you ask

Questions we get from Coal desks.

Does it price on calorific value?: Yes. The contractual CV basis and the analysed CV are both held, and the price adjusts between them, so the settled amount reflects the delivered quality.

Also covered

Every market on one platform.

Desks rarely trade one thing. Each market below runs on its own rulebook inside the same system of record — so a crude cargo and a power block share governance without sharing assumptions.

Crude Oil Refined Products Natural Gas & LNG Power & Electricity Coal Carbon & Emissions NGL & Hydrocarbons Petrochemicals Biofuels & Ethanol Paper & Derivatives

See it with your Coal book.

We configure the demo around your contracts, your curves and your counterparties — so you are looking at your own desk, not a sample one.

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