Front to Back Office: Trading Controls and Best Practices
[Course Summary] |
[Who Should Attend?] |
[Course Contents] |
[Fees/Dates] |
[Printable version of this page]
Course Summary
This fascinating and interactive workshop will give delegates a thorough understanding of best practice controls to be applied in commodity trading activities. Delegates are encouraged to think about the controls processes applied in their own operations, through interactive group case studies, in order to minimize the chances of similar expensive trading mistakes. Recent trading "failures" will be analyzed.
8 CPE credits awarded for this course. Delivery Method: Group-Live
Who Should Attend?
Class delegates include everyone from support staff to management from trading, risk management, operations, accounting, credit, and contracts groups. This one-day workshop is perfect for those concerned with "front office", "mid-office", and "back office" functions for international and domestic energy commodity companies (crude oil, petroleum products, natural gas, electricity and coal) and other commodities (grains, metals, etc.).
Prerequisites
Princeton Energy Programme’s Fundamentals of Energy Futures, Options I - Fundamentals of Energy Options, and Energy Risk Management or equivalent experience.
Includes Web-based Pre-study Module
This course is accompanied by a preparatory course available online. Delegates will receive a web voucher as part of their joining instructions upon confirmation of registration. By taking advantage of this 'blended' learning approach, in-class time and learning are optimized.
Course Contents
- Key types of risk (faced by management and the trading room)
- Details of recent spectacular failures
- What happened and why
- Same company or different planets?
- Front Office
- Mid-Office
- Back Office
- The overall controls process
- Trading controls "Best Practices" guidelines
- Executive management
- Trading management
- Traders
- Trading authorities - limits and layers
- Prioritizing more deals vs. better controls
- Trading room controls
Course Fees and Dates
The following course(s) are available..
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Date / No of days
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Location
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Fee: Course only
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Fee: + accommodation
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Code
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26 January 2010 (1)
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London, UK
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GBP£820 + 17.5% VAT
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- n/a -
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FTBO\AGBR10
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23 March 2010 (1)
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Houston, TX
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USD$1100
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- n/a -
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#FTBO032310
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25 May 2010 (1)
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Calgary, AB
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USD$1100 +5% GST
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- n/a -
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#FTBO052510
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20 August 2010 (1)
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Cape Town, South Africa
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GBP£820
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- n/a -
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FTBO\ARSA10
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13 September 2010 (1)
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London, UK
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GBP£820 + 17.5% VAT
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- n/a -
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FTBO\BGBR10
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