Trading simulations for non-traders – Learning by doing

Unique, unparalleled, immersive, hands-on

Trading simulations for non-traders – Learning by doing

2,495.00 excl. VAT

Description

 

Target groups:

  • Primarily non-traders; basically, every professional in the commodity or energy markets who want to master the fundamentals and essentials of markets & trading.

Learning objectives:

  • Get an understanding of a day of an energy trader and the organisation around it.
  • Master the consequences of transacting for the wider trade organisation (trade control & trading operations).
  • Conversion of knowledge into practical applicability.
  • Applying know how leads to a deeper understanding and provides more details.
  • Mastering daily practices and practicalities.
  • Getting a complete overview of trading activities, processes and concepts.
  • Understanding the relationship between business, control and support functions.

Tutor(s):

  • Jerry de Leeuw, MSc. (founder of Entrima; former trader) + guest speakers.

Including:

  • Study materials (handout + book)
  • Lunch
  • Guided tour around the exchange, brokers, hedge funds and trading firms.

Programme:

  • This programme basically covers the trading of oil, gas, coal, power & carbon, as well as FX, weather and freight. More specifically, practical simulations mimic:
    • Dispatch
    • Asset allocation
    • Optimisation of asset
    • Spot & forward trading
    • Auctioning & continuous trading
    • OTC & exchange trading
    • Futures & options
    • Hedging
    • Asset-backed trading
    • Cross-commodity, cross-border & cross-period trading
    • Spread trading – Securing margins & financial optimisation
    • Proprietary strategies
    • FX trading
    • Freight trading
    • Weather risk mitigation

 

By means of these simulations insight is provided in the following:

  • The chain explained
    • Relationships & interaction between front-middle-back office
      • Business, control & support functions
        • Tasks & responsibilities
      • Interaction between the Trading function and the Sales function
        • Relation between wholesale and retail markets & pricing
      • The role of the Treasury department
    • Strategies
      • Speculation
        • Managing risk
        • Managing the risk-reward ratio
        • Cash management
          • Initial margin
          • Variation margin
          • Financial performance
        • Arbitrage
        • Hedging
          • Asset-backed trading
          • Dynamic hedging
          • Delta-hedging
        • Trading technicalities
          • The order book
          • Market liquidity
            • Bid-ask spread
            • Market depth
          • Order types
            • Including smart orders
          • Trade controls
            • Risk management
              • Risk identification, assessment, reporting and control
                • Value at risk & limits structures
                • Stress testing
                • Scenario analysis versus sensitivity analysis
              • Regulatory requirements
                • Publication of inside information
                • Data reporting/collection
                • Trade surveillance
              • Settlement
            • Finance
              • Valuation (end-of-day/month/quarter/year)
              • Mark-to-market valuation
                • The relevance of settlement prices, reference prices and indices
                • The role of price reporting agencies

Practical Information

When

Tursday 20 - Friday 21 April 2023, 10:00-16:00 (CET)

Where and how?

Entrima office: Beursplein 5, 1012 JW Amsterdam, The Netherlands

Price

2,495.00 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