Energy Risk Management (ERM)
Understanding and identifying how to limit price
risk exposure is a complex task. This two-day
course will provide attendees with a forum to
maximize hedging efficiencies and limit price risk
exposure. Delegates will build a portfolio of
industry techniques for managing price risk in
today’s volatile energy markets.
Who Should Attend
This two-day advanced workshop is perfect
for those who are already familiar with futures
and options but want a more in-depth understanding
of hedging and the tools available. This course uses
four unique case studies developed by the industry’s
leading risk managers which require the delegate to
apply hedging skills to complex scenarios. This
programme deals with many different energy
commodities, including oil and gas.
Prerequisites:
Delegates entering this course should already
have successfully completed
Fundamentals of Energy Futures and
Options I - Fundamentals of Energy Options
or have equivalent experience.
Not sure if you have the appropriate experience?
Click here to test
yourself on futures and options knowledge necessary for this course.
Pre-classroom Study
As part of our blended learning package,
this workshop has a specific web-based course which is recommended as
pre-classroom study. Upon registering for the workshop delegates will receive
details of how to access the web-based course. Access to the web-based course
is included in the price of the classroom course.
To optimize your classroom experience, it is recommended you take the
appropriate online study as close to the classroom date as possible.
The recommended pre-classroom study for this workshop is:
Charting a Course Through Commodity Risk
What You Will Learn
- The qualification and quantification of risk
- How to identify, measure, monitor, and control basis risk
- How to hedge with exchange traded futures contracts
- How to hedge with exchange traded options on futures
- Cross hedging with futures
- How to choose between futures and options
- Characteristics of swaps
- Hedging with swaps
- Calculating CFDs
- Controlling basis risk with swaps
- The characteristics of OTC options
- Hedging with OTC options