Programme

This course concerns a 1-day online workshop covering the following topics:

• Supply contracts

• • Main specifications
    • Volume
      • Fixed
      • Variable
    • Price
      • Fixed
      • Floating (e.g. indexation)
  • Type of constructions
    • Take-or-pay
      • Take-and-pay
    • Volume flexibility
      • Percentage
      • Volume risk
    • Swing optionality
      • Upper & lower limit

• Time to delivery

• • Spot contracts
    • Intraday
    • Day ahead
  • Term contracts
    • Forwards
    • Futures

• Delivery period

• • Granularity
    • Hourly, daily, weekly, monthly, quarterly and calendar contracts
  • For what reason?
  • Rolling listings

• Derivative contracts

• • Types
    • Futures
    • Swaps
    • Options
  • Their features
  • Their applications