This virtual workshop is aimed at delegates who wish to gain detailed insight into the characteristics of the most widely traded energy derivative instruments, together with their potential for hedging and risk management. This virtual course covers futures and over-the-counter markets.
During these challenging times, all virtual courses are being offered at a discounted rate.
Enter code: C2020 on the booking form when checking out.
This virtual course is one of the new ICE Education LIVE programs. We provide three phases to the course:
1. Pre-course: Access to the ICE Education learning platform for on-demand primer content.
2. Live Virtual Sessions: Trainer led live video sessions (as per the outline below). These are short focused sessions with practical activity and interaction throughout.
3. Post-course: On-demand content remains available and an optional live video clinic session is scheduled for one week post course for any learning points you'd like to revisit.
|Price||£1,600 + VAT|
Who Should Attend
This virtual two-day 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.
- Oil, gas and electricity dealers
- Trading, risk management and financial departments of oil, gas and
- Exploration, production, transportation and refining departments of oil and
- Energy-producing, supply and distribution companies
- Government departments dealing with energy issues
- Major energy consuming businesses
0900: Technology check in to ensure all technology working and that all delegates have required access.
- 09.30 - 10.15 -Session 1 Introduction
Fundamentals, supply chain, benchmarks, pricing methods
- 10.30 - 11.15 -Session 2 Brent market
Spot market, Forward market, Brent complex
- 11.30 - 12.15 -Session 3 Future contract
ICE Futures Exchange, main functions, contracts, ICE Block
- 13.15 - 14.00 -Session 4 Spreads 1
Time spreads, behaviour, trading the market, calculation
- 14.15 - 15.00 -Session 5 Spreads 2
Arb and crack spread, examples, calculation
- 15.15 - 16.00 -Session 6 Swaps
Introduction, fixed and floating prices, oil product markets
- 09.30 - 10.15 -Session 1 Physical markets
Spot and term contracts, BFOE and other Forward markets
- 10.30 - 11.15 -Session 2 Hedging
Example, exercise, basis risk, basis trade
- 11.30 - 12.15 -Session 3 Brent short term hedge
CFD and DFL, example and need for hedging crude
- 13.15 - 14.00 -Session 4 EFP and EFS trades
Understand the process, EFP uses, Triggers, EFS
- 14.15 - 15.00 -Session 5 Swaps 2
Types of swap, oil product benchmarks, hedging decisions
- 15.15 - 16.00 -Session 6 Market prices
Geopolitical factors, supply and demand, USD impact