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
  • Exchange of futures for physicals
    • EFP
    • Exchange of futures for swaps
      • EFS

This course also includes examination and certification.

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ENTRIMA has trained numerous professionals and certified thousands of learners, and counting

The most positive element of the course were the short informative lectures.

Olga Lysytsyna
Senior Consultant at E-Star

The course provided a good explanation.

Mohammed Abi Afthab Olikathodi
Analyst Energy Data & Scenarios at Eurelectric

The most positive element of ENTRIMA’s online learning services concerns the progressive (step-by-step) approach from simple to more complex concepts.

Ronan Haas
Eurelectric