Live Online Training Course; Commodity Derivatives in Action
A practical online course featuring numerous case studies that will be delivered over 4 half day modules
16-19 Nov 2021
- Why You Should Attend
Live Online Training Course; Commodity Derivatives in Action
To ensure we meet your expectations and maximise your return on training investment, we favour a classroom/workshop style set
As the travel and in-person meeting constraints associated with the coronavirus continue, our live online workshops provide an essential forum for executives to stay abreast of industry best practices and key regulatory developments. The convenient half-day sessions enable attendees to easily fit the course into their daily work schedule, and without the time and expense of also having to travel to an off-site location for the event.
This course is designed to bring the use of derivatives in energy markets to life through analysis of how different markets behave and why; how futures, swaps and options relate back to the underlying physical markets; how market exposure evolves through a trade cycle and how derivatives are used to manage risk and crystallise profit.
Key learning goals of the course include understanding how successful markets need to develop; who derivatives work for and how to use them; practical methods of measuring exposure and designing hedging strategies; and the wider use of derivatives in financing.
The course includes a number of class exercises to demonstrate the principles and challenge delegates in their understanding. Case studies are also used throughout the course to illustrate real-life examples of derivatives in action. While many of them are used to demonstrate the “right way” of doing things, several recount high profile cases providing cautionary tales of error and wrongdoing. With close-quarters exposure to a number of these, Andy is able to give a deeper, and often alternative, perspective than offered in the public domain.
About your expert trainer:
Andy Hartree is a highly experienced industry professional and market risk management expert. A Chemical Engineer by training and with a background in oil refining, Andy has the rare hands-on experience of the physical demands and logistics of every step of turning crude oil into end products. Having moved from refinery to trading room, he has traded oil products both physically and on derivatives, where he ran the risk management for Shell’s Commercial customers in the UK.
Andy took his risk management skills with him to RBS in 1998, and over the following ten years built a wide range of experience assisting corporate clients with all aspects of their commodity risk management, from exposure analysis and risk management strategy design to hedge execution. Clients covered a full range of industry and exposure types – producers, transportation, industrial companies – and asset types – oil, gas, coal, freight, and base metals. After leaving RBS in 2008 and spending two years at Fortis Bank, Andy joined Lloyds Bank at the start of 2011. As at RBS previously, Andy’s challenge was to build their commodity derivatives business, again focusing on the corporate client base. Building on his previous experience, Andy provided in-depth analysis and strategic insight into the commodity risk management strategies and policies of many major corporates, including major airlines, tour operators, water utilities, ports and upstream oil and gas companies, and extending the reach of the business from FTSE100 to SME. Uniquely, Andy advised on, and designed and executed the hedging for the gold and silver medals for the London 2012 Olympic Games.
All throughout his career Andy has delivered training courses and presented at conferences. Starting with lecturing on Shell’s own internal trading courses, Andy has trained or presented with Platt’s, ICE, and the Association of Corporate Treasurers at Oil and Gas Conferences in the UK and Norway, as well as internal training at RBS, Fortis and Lloyds Bank. Consistently well received, Andy is known for punctuating his content with anecdotes from his long career. And due to the 2020-1 Coronavirus pandemic Andy has also successfully transitioned to delivering his courses online, thus ensuring that industry executives across the globe have continue to benefit from his insights.
A detailed questionnaire will be sent to all course participants to establish exactly where the group training needs lie. The completed forms will be analysed by the course leader/trainer and followed by telephone if further clarification is required. As a result we can guarantee that the course is pitched at exactly the right level and that the issues that you regard as relevant are addressed. The course material will reflect these issues and will enable you to digest the subject matter after the event in your own time.
Who should attend?
From all commodity companies, electricity generators/distributors, energy and power traders, brokers, financial services providers, investment banks, exchanges and regulators:
- Commodities & Energy Trading
- Derivatives Pricing & Trading
- Derivatives Structuring
- Structured Products
- Structured Finance
- Risk Management & Analysis
- Energy Analysis, Research & Development
- Quantitative Analysis and Financial Engineering
- Commodities Sales
- Portfolio Management
- Financial Control
- Compliance and Internal Audit
- Project Management
- Key Topics
- How markets develop and how markets behave – how the relationships between different markets, be it locational, product or maturity, work.
- The relationships between physical markets and their related derivative markets.
- The concepts of option pricing and simple option trading strategies.
- How market exposure arises in trading and how derivatives are used to hedge trading positions.
- The use of derivatives in structured financing
- Why Choose GFMI marcus evans?
marcus evans specialises in the research and development of strategic events for senior business executives. From our international network of 63 offices, marcus evans produces over 1000 event days a year on strategic issues in corporate finance, telecommunications, technology, health, transportation, capital markets, human resources and business improvement.
Above all, marcus evans provides clients with business information and knowledge which enables them to sustain a valuable competitive advantage and makes a positive contribution to their success.
- Voice of Our Customers
- “Outstanding delivery and great insights, a very good course for professionals. Gave a practical view of very sophisticated trading” Enel group
- “Practical sessions and relevant information, a great event for practitioners” Statkraft
- “A good overview of DP, i really appreciated the worked examples” AXPO
- “Good mix of intermediate and advanced topics” EDP
- Join the Discussion
- Event Contact
For all enquiries regarding speaking, sponsoring and attending this conference contact:
101 Finsbury Pavement, London, EC2A 1RS
Telephone: 0044 203 002 3172