| Price | £1,950.00 + VAT | ||
|---|---|---|---|
| Duration | 4 days | ||
| Location | Virtual: EMEA Time Zone | ||
| Available Dates |
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This virtual four half days course is recommended for anyone, including junior traders and
brokers, who would like to improve his/her knowledge and understanding of
energy derivatives and their uses.
electricity companies
gas companies
08.45: Technology check in to ensure all technology working and that all delegates have required access.
09.00: Course Start Time
Introduction
Fundamentals, supply chain, benchmarks, pricing methods
Brent market
Spot market, Forward market, Brent complex
Future contract
ICE Futures Exchange, main functions, contracts, ICE Block
Spreads 1
Time spreads, behaviour, trading the market, calculation
Spreads 2
Arb and crack spread, examples, calculation
Swaps
Introduction, fixed and floating prices, oil product markets
Physical markets
Spot and term contracts, BFOE and other Forward markets
Hedging
Example, exercise, basis risk, basis trade
Brent short term hedge
CFD and DFL, example and need for hedging crude
EFP and EFS trades
Understand the process, EFP uses, Triggers, EFS
Swaps 2
Types of swap, oil product benchmarks, hedging decisions
Market prices
Geopolitical factors, supply and demand, USD impact