2-day Masterclass “Energy, energy markets & energy trading”

Best of breed, super pragmatic, experiential learning

2-day Masterclass “Energy, energy markets & energy trading”

1,995.00 excl. VAT

Description

 

Target groups:

  • New recruits and any other professionals in the commodity and energy markets, including employees of system operators, regulators, exchanges, brokers, and parties with a trading function.

Learning objectives:

  • Master the energy supply chain
  • Being able to identify the risks and opportunities of energy producing and supplying companies
  • Understand the role of the trading function in commodity & energy companies
  • Become aware of trading processes, concepts and related terminology
  • Learn the role of the business, control and support functions in a trading organisations
  • Understand the parties around a company with a trading function and their relationships
  • Familiarise with the players in the commodity & energy markets
  • Master risk management within a trading organisation
  • Getting grip on market abuse and the prevention and detection of it

Programme:

  • Supply chain
    • Oil value chain
      • Up-, mid- & downstream
      • Crude
        • Grades
      • Refining
        • Refinery products
      • Gas value chain
        • Natural gas and LNG
        • Transport & storage
      • Coal supply chain
        • Grades
        • Shipping, chartering
      • Electricity value chain
        • Investment
        • Maintenance
        • Marginal cost of production
        • The merit order
        • The impact of renewables on the price level and volatility
        • The impact of an emission trading system
  • Markets
    • Physical versus financial markets
    • Balancing, spot and term markets
    • On-venue and off-venue
      • Exchange
        • Membership & cost structure
        • Clearing
      • OTC
        • Brokerage services & brokerage agreement
        • Master agreements
      • Products
        • Supply contracts
          • Take-or-pay
          • Volume flexibility
          • Swing optionality
        • Derivatives
          • Futures contracts versus forward contracts
          • Options
          • Swaps
        • Pricing
          • Negotiations
          • Price formation at trading venue
            • Central order book
              • Order submission, amendment & cancellation
              • Market making
            • Trading
              • Trading tools
              • Trading strategies
              • Trading technicalities
              • Trading operations
                • Settlement
  • Markets & trading – Asset & portfolio management
    • Oil markets & trading
      • Crack spread
    • Gas markets & trading
      • Storage capacity trading & time spread
      • Transport capacity trading & location spread
    • Coal markets & trading
      • Shipping & freight markets
      • Incoterms
    • Electricity markets & trading
      • Continuous trading versus auction
      • The day-ahead power market in Europe
      • Spark, dark & black spread
      • PPAs
      • Attribute energy certificates
        • GOs, RECs, I-RECs
      • Carbon markets & emission rights trading
        • Clean/green spreads
        • Emission trading systems
        • UN initiatives
        • Attribute energy certificates
  • Organisational setup
    • Asset management
    • Portfolio management
    • Risk management
    • Trading division
      • Front, middle & back office
    • Market risk, counterparty risk, liquidity risk
      • Counterparty (credit) risk
        • Collateralisation & margining
        • Initial margin and variation margin
      • Market risk
        • Value at risk
        • Stress testing
      • Reporting
      • Limit structures
  • Market abuse regulations & compliance
    • Regimes around (incl. US and EU)
    • Prohibitions
      • Insider trading
      • Market manipulation
    • Obligations
      • Publication of inside information
      • Reporting of data
      • Market monitoring & trade surveillance
    • Regulators across the globe
    • Differentials & collaboration/interaction

Tutor:

  • Jerry de Leeuw, MSc.
  • Founder of Entrima, former trader and author of the book “Commodity & energy markets”

Practical Information

When

Monday 13 - Tuesday 14 March 2023

Where and how?

Online (MS Teams)

Price

1,995.00 excl. VAT

Bulk Purchase Enquiry

Contact us for more information regarding bulk purchases.








     
    Our Labels
    Entrima and Market Abuse Centre (MAC) are the two labels we operate to provide 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.

    www.entrima.org


    Conduct & Culture

    MAC’s 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.

    www.marketabusecentre.com