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Trading OTC Derivatives: Options and Linear Instruments

Gain a thorough understanding of what OTC financial instruments are, when they should be employed, and how they can be managed successfully. This two-day program will give you a comprehensive understanding of the various strategies employed in the world of over-the-counter derivatives. The course is designed to help management, traders, risk managers and back-office personnel in the energy industry gain a thorough understanding of what OTC financial instruments are, when they should be employed and how they can be successfully managed.

Full Course Description
  • What OTC derivatives are as well as how and when to use these instruments..
  • How to price linear and non-linear OTC derivatives.
  • Types of basis risk, how basis is calculated and how to decide if basis risk should be hedged with OTC basis swaps.
  • Optionality risk and the Greeks (delta, gamma, vega, theta & rho).
  • Historical and implied volatility (including volatility smiles).
  • Option pricing models.
  • Directional, volatility and synthetic option spread strategies.
  • Exotic options.

This course is applicable to all levels of the energy infrastructure, oil, natural gas, electricity and coal. Individuals in every functional area of responsibility in all energy industries whose decisions have significant financial impact will benefit from this program. Managers from areas such as trading, risk management, compliance, human resources, credit, contracts, operations, marketing, sales, supply and distribution, purchasing, financial and accounting will find the course highly beneficial.

Industry Segment
Course Level
Intermediate to Advanced
CPE Credits
11
EMI Credits
6