Fundamentals of Trading Energy Futures & Options

Fundamentals of Trading Energy Futures & Options PDF Author: Steven Errera
Publisher: Pennwell Books
ISBN: 9780878148363
Category : Commodity futures
Languages : en
Pages : 0

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Book Description
In today's changing political and economic environment, it is increasingly important that companies learn to properly use the various trading instruments to protect themselves against price volatility. Since the first successful energy futures contract was introduced almost a quarter century ago, trading in energy futures and options has played an important role in hedging against fluctuations in the price of petroleum products, crude oil, natural gas, propane, electricity, and most recently, coal. In this 2nd edition of their best-selling primer, authors Errera and Brown explain how exchange traded futures and options markets work, and how companies can successfully use the markets in their overall strategy to increase profitability. They cover everything from market mechanics, hedging, spread trading, and technical trading to history and growth of the markets. Also included is an extensive appendix detailing contract specifications for 13 energy futures/options contracts. BONUS: A summary of the rules of the most active energy futures and options contracts is included!

Fundamentals of Trading Energy Futures & Options

Fundamentals of Trading Energy Futures & Options PDF Author: Steven Errera
Publisher: Pennwell Books
ISBN: 9780878148363
Category : Commodity futures
Languages : en
Pages : 0

Get Book

Book Description
In today's changing political and economic environment, it is increasingly important that companies learn to properly use the various trading instruments to protect themselves against price volatility. Since the first successful energy futures contract was introduced almost a quarter century ago, trading in energy futures and options has played an important role in hedging against fluctuations in the price of petroleum products, crude oil, natural gas, propane, electricity, and most recently, coal. In this 2nd edition of their best-selling primer, authors Errera and Brown explain how exchange traded futures and options markets work, and how companies can successfully use the markets in their overall strategy to increase profitability. They cover everything from market mechanics, hedging, spread trading, and technical trading to history and growth of the markets. Also included is an extensive appendix detailing contract specifications for 13 energy futures/options contracts. BONUS: A summary of the rules of the most active energy futures and options contracts is included!

Fundamentals of Trading Energy Futures and Options

Fundamentals of Trading Energy Futures and Options PDF Author: Steven Errera
Publisher: Pennwell Books
ISBN: 9781593703264
Category : Commodity futures
Languages : en
Pages : 0

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Book Description
Trading in energy futures and options plays a key role in hedging against fluctuations in the price of energy commodities, especially crude oil and natural gas. This long-awaited new edition highlights how exchange-traded futures and options markets work and how companies can successfully use the markets in their overall strategy to increase profitability. This wide-ranging new edition offers valuable insight for young professionals and students. Discussions on market efficiency, the role of commodities in Modern Portfolio Theory, and the NYMEX introduction of Clearport are all covered in this introduction to futures markets.

Energy Futures

Energy Futures PDF Author: John Elting Treat
Publisher: Pennwell Corporation
ISBN: 9780878147526
Category : Business & Economics
Languages : en
Pages : 379

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Book Description
More than a dozen of the futures industry's leading authorities provide you with an even broader background in both the theory and practice of energy futures trading in this newly-updated text. They review the history of the futures markets and the fundamentals of trading, hedging, and technical analysis; then update you on the newest trends in energy futures trading - natural gas and electric futures, options, regulations, and new information services. What's New: New chapters specifically dedicated to the oil futures market, natural gas markets, and electricity markets A new chapter on market fundamentals with details on how to manage energy supply and trading groups A sample electricity contract. About the Author: John Elting Treat is Vice President of Booz, Allen & Hamilton, Inc., a firm responsible for management consulting to the energy industry. He also leads the firm's wargaming activities. His recent work includes assignments for national and international companies in both North and South America, Europe, the Middle East, and Asia. Mr Treat received degrees in International Economics from Princeton and from Johns Hopkins University.

Trading Energy Futures

Trading Energy Futures PDF Author: Stewart L. Brown
Publisher:
ISBN: 9780899301600
Category : Business & Economics
Languages : en
Pages : 202

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Book Description


Energy Futures, Trading Opportunities for the 1980s

Energy Futures, Trading Opportunities for the 1980s PDF Author: John Elting Treat
Publisher:
ISBN:
Category : Commodity exchanges
Languages : en
Pages : 176

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Book Description


Fundamentals of Petroleum Trading

Fundamentals of Petroleum Trading PDF Author: Hossein Razavi
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 238

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Book Description
Until as recently as the late 1970s, the main channel for oil distribution was the integrated system of the major oil companies, while the volume of spot trading was limited to roughly 5 percent of the total oil trade. Today, spot and spot-related deals account for 80 to 85 percent of internationally traded petroleum, and have ushered in a new era of petroleum trading. In this work, Hossein Razavi and Fereidun Fesharaki offer a detailed study of the workings and issues surrounding today's oil trading market as they apply to all parties involved in the production, distribution, and consumption of petroleum. They provide a complete description of petroleum spot markets, futures, and options trading, and their interlinkages with contract sales. Razavi and Fesharaki cover a wide range of topics, and challenge the generally accepted view that spot and futures trading have wrested the power of price setting away from OPEC. They claim that prices are still determined by supply, which OPEC continues to influence. The book is divided into four sections, beginning with an overview of recent developments in spot, futures, and contract trading. Section two provides an analysis of spot and spot-related deals, while the third section describes the mechanics, organization, and evolution of petroleum futures markets and options trading. The work concludes with an in-depth section on interlinkages, examining the interactions among various segments of the market, including spot and futures trading, petroleum stock building, and OPEC. This book will be a valuable resource tool for libraries as well as a wide range of users, from oil industry professionals and financial analysts to students of energy-related topics.

Energy Futures

Energy Futures PDF Author: John Elting Treat
Publisher:
ISBN:
Category : Commodity exchanges
Languages : en
Pages : 488

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Book Description


Fundamentals of Futures and Options Markets

Fundamentals of Futures and Options Markets PDF Author: John Hull
Publisher:
ISBN: 9780132425742
Category : Futures
Languages : en
Pages : 0

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Book Description
Introduction -- Mechanics of futures markets -- Hedging strategies using futures -- Interest rates -- Determination of forward and futures prices -- Interest rate futures -- Swaps -- Mechanics of options markets -- Properties of stock options -- Trading strategies involving options -- Introduction to binomial trees -- Valuing stock options : the Black-Scholes model -- Options on stock indices and currencies -- Futures options -- The Greek letters -- Binomial trees in practice -- Volatility smiles -- Value at risk -- Interest rate options -- Exotic options and other nonstandard products -- Credit derivatives -- Weather, energy, and insurance derivatives -- Derivatives mishaps and what we can learn from them.

Energy Futures

Energy Futures PDF Author: Michael C. Thomsett
Publisher: Pearson Education
ISBN: 0132491990
Category : Business & Economics
Languages : en
Pages : 38

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Book Description
An up-to-date primer on the energy markets: everything you must know before you trade. There is no singular energy market. There are many different versions and subsets of energy: Any trader who wants to invest has many choices. The best one depends on acceptable risk levels, perceptions of the markets, and the amount of available capital. Before deciding how to enter this market, you should be aware of....

The Handbook of Energy Trading

The Handbook of Energy Trading PDF Author: Stefano Fiorenzani
Publisher: John Wiley & Sons
ISBN: 111995455X
Category : Business & Economics
Languages : en
Pages : 224

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Book Description
To thrive in today's booming energy trading market you need cutting-edge knowledge of the latest energy trading strategies, backed up by rigorous testing and practical application Unique in its practical approach, The Handbook of Energy Trading is your definitive guide. It provides a valuable insight into the latest strategies for trading energy—all tried and tested in maintaining a competitive advantage—illustrated with up-to-the-minute case studies from the energy sector. The handbook takes you through the key aspects of energy trading, from operational strategies and mathematical methods to practical techniques, with advice on structuring your energy trading business to optimise success in the energy market. A unique integrated market approach by authors who combine academic theory with vast professional and practical experience Guidance on the types of energy trading strategies and instruments and how they should be used Soaring prices and increasingly complex global markets have created an explosion in the need for robust technical knowledge in the field of energy trading, derivatives, and risk management. The Handbook of Energy Trading is essential reading for all energy trading professionals, energy traders, and risk managers, and in fact anyone who has ever asked: 'what is energy trading?'