Energy Price Risk: Trading and Price Risk Management

by T. James

Overview

Energy Price Risk was inspired by the success of the courses Tom James has been running in global energy and commodities trading and price risk management. It is the practitioner's guide to optimizing company performance using the correct price risk strategies and tools. Based on the author's extensive experience in the commodity derivatives industry, it comprehensively covers the full spectrum of the energy complex, including crude oil, petroleum products, natural gas, LPG/LNG and electricity. Using many worked examples, this book offers practical insights and solutions.

Product Details

ISBN-13:	9781403903402
Publisher:	Palgrave Macmillan UK
Publication date:	12/03/2002
Series:	Finance and Capital Markets Series
Edition description:	2003
Pages:	538
Product dimensions:	5.98(w) x 9.02(h) x 0.05(d)

About the Author

TOM JAMES has extensive experience in futures and OTC derivatives, specializing in commodities. During his career, he has been involved in derivatives trading, brokering, risk-management advice and training. He has acted as consultant to several large firms in the Asian region and is currently Associate Director, Commodity Derivatives, Tokyo Mitsubishi International in London.

Table of Contents

Introduction What Risk? Derivatives Markets Future Options OTC Options Derivatives Contracts in the Energy Sector Advanced Options Structures Energy Derivatives Pricing Value at Risk Trade Flows Your Organisation's Risks? Management Controls Hedge or Trade Operational Risks Practical Hedging Examples Examples of Risk Management Policy Risk Management Review Guidelines Execution of Hedging / Trading Financing Legal Accounting for Derivatives