About this course

This course is designed to deliver a working understanding of derivatives markets and instruments, describing the mechanics and uses of each type on instrument in detail. The course is aimed at anyone wanting to gain a better understanding of how and why derivatives are traded in global energy markets.

Instructor

David North

David worked at BP for 19 years. During his period, he was book leader for the European gasoline trading group, the North Sea Crude equity team and the UK and European Natgas trading books. After BP, David moved to Klesch and Co, a private equity firm which specializes in distressed asset acquisition, and was instrumental in establishing a metals and energy trading platform which allowed Klesch to expand it’s portfolio of energy-intensive businesses. Most recently, David worked at RWE as Head of Physical Oil Trading, moving RWE’s capability in this area from that of a paper-only player to a company able to compete in global physical markets. David specializes in identifying optionality within portfolios or trading propositions and establishing the ability to harvest and monetise it.

Course curriculum

  • 2

    Overview

    • Overview of Derivates in the Energy Markets

    • Quiz - Test your understanding

  • 3

    Futures

    • Futures

    • Quiz - Test your understanding

  • 4

    Swaps

    • Swaps

    • Quiz - Test your understanding

  • 5

    Advanced Swaps

    • Advanced Swaps

    • Quiz - Test your understanding

  • 6

    Freight Derivatives

    • FFAs

    • Quiz - Test your understanding

  • 7

    Options

    • Options

    • Quiz - Test your understanding

  • 8

    Next Steps

    • End of course

    • Before you go