Energy Swaps Programme

This programme is directed at the OTC energy swaps contracts. The course highlights the link between the physical markets and the OTC financial markets, the structure and pricing of swap contracts and the use of swaps for hedging, risk management and arbitrage.


Course Information

Price £1400.0 + VAT
Duration 2 days
Location London
Available Dates

Who Should Attend

Personnel from the energy market, trading companies and other individuals who wish to obtain a comprehensive knowledge of energy traded options and their uses.

  • Risk management and financial departments of oil, gas and electricity companies
  • Exploration, production, transportation and refining departments of oil and gas companies
  • Oil, gas and other energy producing, supply and distribution companies
  • Energy related government departments
  • Major energy consuming businesses
  • Oil and gas trading companies

Booking Information

Tel: +44 (0) 20 7065 7706

Course Content

Basic concepts

  • Physical markets as benchmarks
  • Index pricing and futures
  • Forward pricing where no futures markets exist

Characteristics of swaps

  • How they function
  • Differences between swaps and futures

Trading markets

  • Standard crude oil contracts
  • Standard petroleum products contracts
  • The flexibility of OTC instruments

Uses of swaps

  • Hedging
  • Speculation
  • Arbitrage
  • EFS's

Oil products

  • Gasoline
  • Kerosine
  • Gas oil and fuel oil

OTC products in electronic trading

  • Changes in market practice
  • Online trading with ICE

Workshops and exercises