Don't let the learning stop - take a look at our range of courses delivered through live virtual sessions which are complemented with on-demand digital content.

As a consequence of the current situation and in adherence with the wider international guidance, we have deferred all face-to-face courses indefinitely. We will be monitoring and updating on this as the situation dictates.

Coal Market & Trading Program: VIRTUAL DELIVERY

This course is delivered in 2 hour blocks over five consecutive days. This interactive course focuses on how the international coal markets are developing. The course identifies the price risks involved and the use of OTC and exchange traded instruments in managing these risks. You will explore both the physical and paper markets and review the different trading procedures available and the profiles of different participants in the market. We provide this course in association with our delivery partner, Perret Associates.

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 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.
All course payments must be received one day prior to the start date

Course Information

Price £1,600 + VAT
Duration 5 days
Location Virtual
Available Dates
Sep 07 2020  Register Now

Who Should Attend

  • Anyone who is affected by the changes in the international price of coal
  • Energy industry personnel working in supply, trading, risk management, refining, finance, transport, exploration and production
  • Coal trading and distribution companies
  • Energy-related government departments and regulators
  • Purchasing, planning, and finance departments in major energy consumers
  • Energy publications
  • Bankers, accountants, auditors and others associated with energy companies and energy financing

Booking Information

Tel: +44 (0) 20 7065 7706

Course Content

DAY 1

  • Session 1 (50 minutes): Introduction to the physical coal market

- Main exporting and importing countries.

- Historical flows

- The main dynamics of physical trading

  • Session 2 (50 minutes):Physical coal quality

- Main parameters and significance: calorific value, ash, sulphur, volatile matter

- More specific analysis

- Potential issues with coal storage and transportation

- The typical supply chain from the mine, to the loading, to the power plant at arrival.

DAY 2

  • Session 3: (50 minutes). The financial trading market

- Market structure: trading volumes, exchanges, brokers, principals

- Step by step example of financial swap trading

  • Session 4: (50 minutes) The financial market

- Group exercise / Trading examples: how mining companies, end users and traders can use financial coal products to mitigate their risk and optimise their profits

Day 3

  • Session 5: (50 minutes) The financial market

- Group exercise / Trading examples: how mining companies, end users and traders can use financial coal products to mitigate their risk and optimise their profits

  • Session 6: (50 minutes) The financial market

- Group exercise / Trading examples: how mining companies, end users and traders can use financial coal products to mitigate their risk and optimise their profits

DAY 4

  • Session 7 (50 minutes ) The role of ICE Futures in financial coal trading (to be presented by ICE Futures)

- Necessary set up before trading on ICE, distinction between clearing member, OTC broker and the Exchange

- Screenshots of ICE coal trading page in particular when a deal is done

  • Session 8 (50 minutes) Introduction to options

- Definition: call, put, premium, delta

- The status of options in the coal market

- Example of call and put options in the coal market

Day 5

  • Session 9 (50 minutes) Introduction to options

- Example of call and put options in the coal market

- Example of structured deals linking physical coal and financial options

  • Session 10 (50 minutes) Introduction to other commodities relevant to the coal market

- The dry bulk freight physical and financial market

- The CO2 emission market. Calculation of dark-spreads and spark-spreads.