Learning Platform - "Markets & Trading"
Course: Oil Futures
About the online training programme
This e-Learning consist of a combination of text, audio, animation-style video lessons and engagement about oil futures contracts. Therefore, it covers deal-making in exchange-traded term contracts, the pricing thereof, the trading of the contracts, and the related processes of clearing, margining and settlement.
Course Contents
This course covers the following video lessons:
- Introduction
- Definition
- Option contract & contract specifications
- Position management
- Opening & closing a position
- Long vs. short: Obligation to make/take delivery & obligation to take/make payment
- Application
- Speculation vs. hedging
- Pricing & trading
- Trading at settlement
- Trading at marker
- Clearing
- Central counterparty (clearing house
- Clearing members
- Margining
- Initial margin
- Variation margin
- Settlement
- Physical delivery
- Delivery versus payment
- Seller’s choice
- Cheapest to deliver
- Alternative delivery procedure
- Cash settlement
- Financial effectation
- Physical delivery
- Exchange of futures for physicals
- EFP
- Exchange of futures for swaps
- EFS
This course also includes examination and certification.








