Course description
This new virtual intensive and interactive course focuses on the price risks involved in trading oil on the international markets. This virtual course identifies the price risks involved and the use of exchange traded and OTC instruments in managing risk. You will compare the advantages and disadvantages of futures and OTC instruments and review the different trading procedures available and the profiles of the different hedgers in the market.
Upcoming start dates
Suitability - Who should attend?
- Anyone who is affected by the changes in the international price of oil
- Oil industry personnel working in supply, trading, risk management, refining, finance, transport, exploration and production
- Oil 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 oil companies and oil financing
Training Course Content
08.45: Technology check to ensure all technology is working and that all delegates have the required access
Day 1 (09.00 - 13.00)
- Session 1: Industry structure
- Session 2: Exposure to price risk, market structure
- Session 3: Pricing Mechanisms
- Session 4: Futures related pricing
- Session 5: Types of company
- Session 6: OTC instruments
Day 2 (09.00 - 13.00)
- Session 7: Common types of swap
- Session 8: Risk management with swaps
- Session 9: Other risks, VAR, contractual risks
- Session 10: Paper markets
- Session 11: Exposure & time
Day 3 (9.00 - 13.00)
- Session 12: OTC options
- Session 13: Risk management strategies
- Session 14: Participation swap
- Session 15: Extendable & double up
- Session 16: Exotic options and other building blocks
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Intercontinental Exchange - Open Courses in Commodities and Financial Markets
Intercontinental Exchange's diverse markets span futures and options on interest rates, commodities, indexes and FX, as well as equities and equity options. These markets are relied upon by international market participants, along with our post-trade infrastructure. ICE is uniquely positioned...