Risk Management — Markets & Trading

About the online training programme

This course sets out what flexibility in commodity & energy portfolios concerns, by giving attention to embedded business decisions in supply contracts and physical capacity. Attention is given to different forms or varieties of flexibility and how this can be seen as optionality.

Course Contents

This course covers the following video lessons:

  1. Flexibility in physical assets
  2. Flexibility in supply contracts
  3. Embedded options
  4. Structured contracts
  5. Modelling of embedded options
  6. Modelling business decisions
  7. Supply contract – Take-or-pay
  8. Supply contract – Volume flexibility
  9. Supply contract – Swing option
  10. Supply contract – ACQ & DCQ
  11. Supply contract – Click contract – Introduction
  12. Supply contract – Click contract – Price cap
  13. Supply contract – Click contract – Multiple clicks
  14. Supply contract – Validity period of proposal
  15. Supply contract – Supplier portfolios full of optionality
  16. Supply contract – Volume flexibility – Modelling
  17. Supply contract – Volume flexibility_Hedging embedded optionality
  18. Supply contract – Volume flexibility_Hedging embedded optionality – Market liquidity
  19. Supply contract – Volume flexibility_Hedging embedded optionality – Possible scenarios
  20. Supply contract – Volume flexibility_Delta-hedging with term contracts
  21. Supply contract – Volume flexibility_Delta-hedging with term contracts – Periodic adjustments
  22. Supply contract – Volume flexibility – Delta-hedging with term contracts – Objectivity-subjectivity
  23. Supply contract – Swing optionality – Introduction
  24. Supply contract – Swing optionality – The value of swing options
  25. Supply contract – Swing optionality – Hedging with futures
  26. Physical capacity – Input & output
  27. Physical capacity – Future margin

This course also includes examination and certification.

Learning Platform

€ 1,490

Access to all 100+ courses & exams
Validity 12 months

Buy Access Now Free Trial

About our Learning Platform

With no time-to-market, any learner can buy a licence for 365 days access. Alike Netflix, we provide 24/7 access to all listed courses and exams. Self-study in own time and at own pace, with instant certification upon passing an exam. Access-to-all is provided upon the purchase of a learning licence, one for each learner. Discount for group. Observe our ultra-quick customer on-boarding.

Our Purpose

Entrima provides learning services for professionals in the commodity & energy markets.

Content & Context

Entrima’s mission is to transfer knowledge regarding the business, controls & operations of parties in (or relating to) the wholesale markets.

Conduct & Culture

Entrima mission is to facilitate the prevention & detection of misconduct and to foster proper behaviour in organisations. This is achieved via training, periodic updates and increased awareness.