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Categories
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Electrical &
Instrumentation:
Introduction to Energy Trading and
Hedging
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Program Duration |
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5 Days |
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Program Date |
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04-08 February, 2012 |
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Program Location |
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Cairo, Egypt |
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Program Fees |
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US$ 3200
/Per Person |
PROGRAM INTRODUCTION
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This course is designed for professionals wishing to obtain a
practical understanding of the basic energy derivative structures
that are used in trading, marketing and risk management today. An
emphasis is placed on understanding how financial tools are added to
physical market components to manage the risk faced by both energy
users and suppliers. Participants are requested to bring calculators
preferably with the natural exponent function to the course.
PROGRAM OUTLINES:
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Energy
Sector Risks (Physical, Financial, Basis, Performance,
Cross-Commodity)
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Natural
Gas Index Pricing
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Crude
Oil Pricing
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Understanding the Forward Curve
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Energy
Forward Curve Behavior
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Backwardation/Contango/Cyclicality
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Basic
Hedging Instruments - Futures Contracts and Forwards
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Basic
Hedging Instruments - Fixed-for-Float (Fixed) Price Swap & Basis
Swaps
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Futures
Versus Forwards Versus Swaps
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Transforming Risks using Derivatives
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Basic
Risk Reporting - Position Reports and Mark-to-Market Reports
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Basic
Risk Reporting - Profit/Loss Reports and Value at Risk Reports
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Managing & Controlling Risk Reports
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