In-Person: Advanced Oil Trading. Risk and Hedging.
COURSE OVERVIEW:
This course has been developed as an interactive trading course, facilitated by trading / educational specialist who has experience, of both physical and derivative trading. The delegates will get a unique learning experience where trading techniques are explained and shared with them. The program will cover trading and market risks, market structures, hedging, technical analysis and options. The course is not mathematical and will examine technicals and options from a non-quant point of view.
The course is interactive with exercises and simulations using realistic data and trading scenarios in the Asian and European markets. The delegates will look at how to hedge the physical positions, considering when to hedge, which is the best instrument to hedge with, and what basis risks they must live within real trading
WHO SHOULD ATTEND:
This course is designed for traders and market participants who have a basic knowledge of the fundamentals of oil trading, pricing, and markets.
AGENDA:
Price Risk Management:
- Understanding exposure
- Examination of crude oil pricing: Brent Complex, Oman and Dubai
- Swaps: hedging, CFD's, differential swaps
Exercises:
- Long, Short or Flat?: understanding price risk.
- Understanding Risk: when does price risk occur?
- Simple hedging with swaps and futures
- Price discovery for crude oil: Brent and Dubai
Trading Decisions and Market Structure
- Contango and Backwardation
- Time spreads
- Storage Valuation and Optimisation
- Contango and Carry
Exercises:
- Understanding Contango and Backwardation
- Using Contango to Store Oil
- Trading Time Spreads on Futures
- Hedging and Liquidity
- Examining how time spreads react to information
Arbitrage and Hedging
- Review of futures, swaps and forwards
- Product cracks
- Arbitrage: natural arbs and trading arbs
- CFD, DFL, EFP and EFS
Exercises
- Analyzing crack spreads: how will the market react?
- Balancing a portfolio of risk: trade managers and global risk
Options
- Introduction to the Black-Scholes Option Pricing Model
- Volatility: historical, real, and implied
- Working with the Greeks
- Vanilla options and option strategies
- Complex and Exotic options
- Using options to trade and trading options
Technical analysis
- What is technical analysis?
- Charting
- Formulas
- Using technical analysis and understanding its value
CERTIFICATION:
This course will contribute to your CPD. Upon the completion of the course you will be issued 32 CPD credits International Business House Certificate
HOW TO ATTEND?
4 Day Course - Advanced Oil Trading. Risk and Hedging
Dates: 17-20 October 2023, Singapore
Venue: to be confirmed
PARTICIPATION FEE: 3495.00 GBP
Early bird price: 3200.00 GBP (till 27 July)
The course fee covers:
- Participation at the course
- Course materials in hard copy and e-version
- Lunches and coffee-breaks during the programme
- 32 CPD credits Internationally Recognised Certificate of the International Business House
BESPOKE SOLUTIONS & OTHER QUESTIONS:
Contact Us To Discuss Running This Course for Yourself or Your Organisation: T:+44 (0) 207 183 4507 | WhatsApp: +44 7932 572866 E. office@ibhouse.net
