Fundamentals of Commodity Markets

Fundamentals — Markets & Trading

About the Course

Entrima offers online education. We cover various educational programmes, each being split into multiple building blocks. The educational programme “Fundamentals of Commodity Markets” is offered in a wide range of modules. Each module represents a specific subjects and/or themes.

Course Contents

Asset classes – Types of markets

  • About fixed-income, equity, real estate, FX and commodities
  • Risk-reward ratios

Commodities & commodity markets

  • About metals, softs & energy, but also freight, carbon & fibres
  • Relations & correlations

Production, storage & transport – Up-, mid- & downstream

  • Capacity
  • Analysis of availability and utilization

Market participants & their role

  • Commodity trading firms & investors
  • Risk diversification & correlation
  • Roll yield

Spot & forward markets – Physical & financial products

  • Price volatility
  • Power & Gas – Balancing

Commodity derivatives – Contract specifications & settlement

  • Physical delivery vs. cash settlement
  • ADP, TAS
  • Power & gas: Delivery period vs moment

Pricing of commodities – Price driving factors

  • Fundamental & non-fundamental price driving factors
  • Pestle & steepled analysis, incl. seasonality & mean-reversion

Commodity markets vs. Financial markets – Differences

  • Differences between the characteristics of both markets
  • A comparison is made concerning markets, products & pricing

The role of speculators

  • The impact of speculators on price levels
  • Politicians, policy makers & regulation

Exam & Certification

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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.