Energy markets: Price risk management & trading Price Risk Management and Trading Wiley Finance Series

The Energy Markets - is the practitioners' guide to trading the markets and optimizing company performance using the correct price risk strategies and tools. As a company exposed to the price increases/decreases and the high volatility in energy prices experienced since the turn of the new century, this book will help you put in place the management controls and reporting structures necessary to ensure that your hedging programme achieves its goals and does not add unexpected or unwanted risks to your firm. As a direct trader in these markets or as an investor in hedge funds in the energy sector it will give you an insight to the global energy markets and their operation. Inspired by the success of the courses Professor Tom James runs in global energy and commodities trading and price risk management, the book includes a wealth of practical knowledge applied to the market place.

Introduction.

1. Risk Management in energy Markets.

2. the Energy Derivative Markets.

3. Energy Futures Contracts.

4. Pricing Middle East Crude n the Next Century.

5. Emissions Trading Towards a Global Carbon Market.

6. Options Trading and Hedging Applications Strategies.

7. Energy Option pricing Models.

8. Value at Risk and Stress Testing.

9. Questions to Ask When Establishing a Risk Management or trading Program.

10. Management Controls.

11. Derivatives Controls & Usage Statement and Control Infrastructure.

12. OTC Derivatives Legal Documentation.

13. Energy Market Hedging Scenarios.

14. Key Technical Analysis for energy Futures Markets.

15. Operational Risk and its Management.

16. A Practical Guide to Credit Control and Risk Mitigation methods.

17. Accounting for Energy Derivatives Trades.

Index.