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Module 2- Trading-Simulation-Paper-trading- Price-Risk-Management-ibhouse.net

Original price was: £4,995.00.Current price is: £4,500.00.

Module 2 | Trading Simulation & Price Risk Management

23 - 27 June 2025

ICE Europe, London, UK

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Overview
Agenda
Participants
Instructors
Price
Certificate

Introduction

The Oil Trader Academy programme is structured as hands-on presentations followed by trading real market scenarios on computer simulations.

Visit Oil Trader Academy page to learn more.

With the global oil markets being subject to extreme volatility and change due to a series of geopolitical events, this is the ideal time and opportunity to understand the drivers of oil price movements and tools at your disposal to protect against and trade around your organisation’s market position.

The Oil Trader Academy course offers an up-to-date and innovative look at trading petroleum products and includes a trader’s analysis of supply and demand, as well as underlining the key opportunities in the marketplace. The course will be fully interactive with teams analysing positions and learning through case studies and trading simulations.

Module 2 – the “Trading Simulation, Paper Trading & Price Risk Management” program by IBH and ICE Education Europe in London, UK, is a 5-day comprehensive training covering various aspects of trading, risk management, and price analysis within the oil and gas industry.

Participants will actively participate in simulations and practical exercises, gaining valuable hands-on experience. The program equips attendees with a deep understanding of trading practices, emphasizing the effective use of derivatives and options in managing trading portfolios.

What will you Learn?

Trading best practices and discipline.
Physical products trading, freight, and FOB/CIF concepts.
Physical crude oil trading with simulations.
Introduction to refining, refinery optimization, and spreads.
Managing floating prices, daily hedges, and forward pricing.
Swaps, spread exposure hedging, and differential swaps.
Geographies, arbitrage spreads, and identifying arbitrage opportunities.
Relative volatilities, futures, cargoes, and freight in arbitrage and so on.

Agenda

Day 1 – Understand What Drives the Brent Future Prices

Trading Best Practice

– Trading best practices and discipline
– Useful trading rules

Physical Products, Freight and FOB/CIF

– What are Refined Products and their main uses
– How are Products priced and traded
– Understand Worldscale and Freight rates
– How to trade Products cargoes on a FOB and CIF basis

Physical Products Trading Simulation

– Manage a portfolio of physical Products longsand shorts
– Negotiate and enter deals, book ships, manage cargo movements

Physical Crude Trading

– How Crude Oil is produced and exported
– What determines the value of different Crude Oils
– How Crude Oil is priced and traded, benchmark pricing

Physical Crude Cargoes Trading Simulation

– Buy and Sell cargoes of North Sea and West African Crude Oil
– Understand how refinery yields affect Crude differentials
– Appreciate the importance of liquidity in physical Crude markets

Day 2 – Refining Simulation | Storage Optimisation | Trading Futures

Introduction to Refining

– Basic Crude distillation and complex refining
– Refinery Optimisation activities
– Calculate Refinery margins and Crude pecking orders

Refining Simulation

– Manage a Refinery: Buy Crude and sell Products
– Calculate Refinery margins and adjust run rates accordingly
– Optimise your Refinery, switch Crudes as prices change

Spreads and Backwardation/Contango

– What are spreads and how are they calculated
– Why do traders use spread
– Market structure – Contango/Backwardation

Time Spreads Simulation

– Trade upto 3 different spreads on European Gas Oil
– Understand how spreads react to fundamental news

Storage Valuation and Optimisation

– Contango markets: What do “carry” and “full carry” mean
– Valuing Storage and hedging Storage trades
– Optimising Storage: Intrinsic and Extrinsic value

Storage Valuation Exercise

– Value Storage offers and bid for capacity
– Design and execute hedging strategies for your storage

Storage Optimisation Simulation

– Use futures to manage a portfolio of physical oil and tankage
– Move oil in and out of storage as you react to market structure
– React to the volatility of time spreads and maximise extrinsic value

Trading Futures using Technicals
– Why use technical trading
– Common indicators used in technical trading; Trendlines; Moving
– Averages; Line/Candlesticks/Bar/Point & Figure; Retracements; Continuation and Reversal signs; – — Volume and Open Interest
– Examples of Technical Trades in current markets
– Technical Charting Simulation
– Trade techincals using Tradesignal’s professional chart analysis software
– Spot trends and use indicators to identify trade entry/exit points

Day 3 – Swaps and Hedging | Arbitrage Spreads

Floating Prices and Hedging

– What is meant by a floating price
– Calculating the daily hedge, and forward pricing profiles
– Managing pricing risk on a portfolio of trades

Hedging Physical Cargoes Simulation

– Respond to new trades and manage the basic daily hedge
– Adjust hedges as BL dates and quantities change

Swaps and Hedging Spread Exposure

– What is a swap, and how are they traded
– Using swaps to manage risk and create trading strategies
– Differential swaps and CFD’s
– Managing spread exposure
– Hedging with Swaps Simulation
– Respond to new trades and manage a complex daily hedge
– Use swaps and futures contracts to manage risk

Geographies and Arbitrage Spreads

– Regional supply/demand and its effect on spreads
– Spread trading strategies

Gas Oil Arbitrage Spreads Simulation

– Trade the futures spread between Europe and U.S.
– Understand the impact of local supply/demand and physical arbitrage
– Hedging Physical Arbitrage Trades
– How to calculate and identify Arbitrage opportunities
– Relative volatilities: Futures, Cargoes and Freight
– Using futures to hedge Arbitrage movements

Arbitrage – Worked Example

– Use of a spreadsheet to calculate and monitor Arbitrage values
– Placing an Arbitage trade: Volatility, liquidity and order of trades
– Trans-Atlantic Crude Arbitrage Simulation
– Calculate Arbitrage opportunities across a portfolio of Crude Oils
– Place all the trades necessary to Arbitrage Crude Oil cargoes

Day 4 – Spread Trading and Hedging Scenarios

Using the paper derivative markets

– Derivative instruments & hedging
– Practical: Hedging exercises
– Basic risk
– Basis trading

Spread trading

– Time
– Crack
– Arb
– CFD’s & DFL’s as part of the mix
– Using the EFP & EFS mechanisms

Case Study Practical:

– Hedging as a producer
– Hedging as a refiner
– Hedging as a consumer
– Trigger pricing

Day 5 – How Can Options become Part of Your Trading Portflio

– Options 101
– Inputs to the premium and pricing
– Practical: Hedging exercises
– Time & Volatility
– The greeks
– Options trading strategies
– Practical: Trading with Options

Price

Course price

The Module 2 price is £ 4,995*

*For UK companies VAT will be added to extra.

Group booking discounts are available. Please contact us (office@ibhouse.net) for more information**
** For same company bookings when booked at the same time

What’s included?

– Participation in the course
– Lunches and coffee breaks during the programme
– The course materials in hard copy and E-version
– Up to 40 CPD credits Internationally Recognised Certificate of the IBH and ICE Education
– Social programme | Networking Events
– Visa support (if needed)

Payment options

Payment options are available in two forms: Bank Transfer and Payment by Card

Course Venue

– ICE Education
– Intercontinental Exchange (NYSE: ICE) operates leading regulated exchanges, trading platforms, and clearing houses serving the global markets for agricultural, credit, currency, emissions, energy, and equity index markets.
– Education Europe trades half of the world’s crude and refined oil futures. ICE Futures U.S. and ICE Futures Canada list agricultural, currency, and Russell Index markets.
– ICE offers trade execution and processing for the credit derivatives markets through Creditex and clearing through ICE Trust.
– Education
– Sancroft, Rose Street, Paternoster Square, London EC4M 7DQ

Travel and Accommodation

For your accommodation needs near ICE Education, we recommend the following hotels:

1) Hyatt Regency London Blackfriars (5*)
2) Leonardo Royal London St Paul’s (4*)
3) Lost Property St Pauls London, Curio Collection By Hilton (4*)
4) Club Quarters Hotel St. Paul’s, London

Please note that these are just recommendations and are not included in the course price. However, we are pleased to offer exclusive rates for these hotels when booked through our services.

For reservations and enquiries, please contact us via email at office@ibhouse.net.

Certificate

Demonstrate your new skills and gain a step up in your career with globally recognised CPD certifications.

Available Locations

Course Date

Clear

*Special group enrolment pricing

Fidan Abdullayeva
Project Coordinator
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Telephone: Please call us on our Tel No: +44 (0) 207 183 4507 or Mob No: +44 7932 572866 to reserve your seats.

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We will send you the invoice within 48 hours of receipt of registration. If you do not received your invoice within this time, please send us an email office@ibhouse.net

We will send you the confirmation by email within 24 hours after you registration.

Yes. Please send the full name, position and company name of new participant 48 hours before course date.

If you notify International Business House in writing or via email up to 30 days before the start date of the course, you will receive a full refund less an administration fee of 100£ of the course fee. In addition if you are unable to attend, the following cancellation charges will apply for written notice received: 14-29 days before the course: 50%. 1-14 days before: 100%. If you are unable to attend a course, you are welcome to provide a delegate substitution, up to 24 hours prior to the course at no extra charge. If you wish to transfer to a different course a 10% admin charge will be made if the transfer occurs between 10-29 days before the course. If you fail to attend the course on which you are booked and have not given prior notice to International Business House then the course fee will remain payable in full. This cancellation policy is necessary owing to the strict limitation on attendance numbers. IBH reserves the right to amend or cancel any course, course times, dates or published prices. Changes to course prices, times and dates will be advised 30 days before the course

IBH reserves the right to amend or cancel any course, course times, dates or published prices. Changes to course prices, times and dates will be advised before the course start date and any course already paid in full will not be subject to the increased price.

IBH proved delegates with visa support letters once payment has been received.
Please send us to office@ibhouse.net the following information:

Your copy of passport
Company name
Position

If you registered with accommodation IBH will also provide you with hotel booking confirmation. For more information about visa procedure please visit our website or call us +44 (0) 207 183 45 07. Should your visa application be declined, we will provide a full refund of the payment.

Yes. Any of our open professional excellence courses can be run in-house to meet your company's specific needs. For more information please click here

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