Maritime Week Americas 2020 • Panama

BUNKER PRICE RISK MANAGEMENT SEMINAR

Tuesday 19 May 2020 ~ Half-day (Morning)

Early Bird Pass: £395 (Early Bird ends Friday, 6 March 2020)
Standard Pass: £495

This half-day seminar will provide attendees with an overview of hedging tools and risk management in the oil markets, with particular emphasis on introductory swaps and options used in the oil trading business.

The event will focus on the fundamentals of hedging using futures, options and swaps to provide delegates with a background in the marine fuels sector with a useful, basic understanding of how to discuss hedging strategy with internal management and use these tools in practice.

Current examples and case studies will be used to apply ‘real world’ situations to hedging and managing both physical barrel and financial contracts risk.

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The seminar is intended to encourage delegate participation and interaction, and attendees will be able to ask questions on specific areas of interest as they arise during the session. 

  • Key benefit: The delegate fee for this workshop includes the opportunity to benefit from a free risk management policy review.

TUESDAY 19 MAY 2020
This half-day seminar will provide attendees an overview of hedging tools and risk management in the oil markets with particular emphasis on introductory level swaps and options.  Attendees will also learn how to create a hedging policy and how to choose appropriate tools and service providers.  Current examples and case studies will be used to apply ‘real world’ situations to hedging and managing both physical barrel and financial risk. Questions and discussion will be held throughout to focus on areas of particular interest as they arise.

08:00

Introduction & Administration

08:10

Introduction to hedging and hedging tools using the “paper market”

  • Overview and goals
  • Nomenclature:  Forwards, Futures, swaps, options
  • The market players (exchanges and OTC market)
  • Credit and margin Settlement and cash flow
08:40

Swaps and Options

  • Terminology 
  • Pricing and value
  • Expiry and payoff
  • Measuring your risk
  • profit/loss
  • mark to market
  • Pitfalls
09:10 coffee-breakNetworking Coffee Break
09:40

Hedging strategies using case studies

  • Assessing market conditions and opportunities

Case studies

  • Inventory management and “carry”
  • Short cover
  • Caps and floors
10:10

Creating a hedging plan and Hedging Execution

  • Creating a plan with rules and a written policy

  • Advisors and brokers

  • Orders

  • Paper trails, records and compliance

 

Creating and using a RISK MANAGEMENT SYSTEM

  • Setting and understanding rules

  • Control systems and reporting

  • Examples using ASPECT

11:20

Establishing hedging accounts, choosing and working with counterparties

  • Financial

  • Physical

  • Price discovery and competition

  • Bid / Ask spread (trading friction)

12:40 Certificates and end of workshop
 

Registration Options

Early Bird: Marine Fuels Course:

£1050   (Save £200)

Early Bird: Price Risk Seminar:

£395   (Save £100)

Early Bird: MWA Conference:

£1350   (Save £245)

 

Register

MWA20 Package Sponsorship

  • Monjasa S.A.
    Silver

MWA20 Individual Sponsorship

  • KPI Bridge Oil
    Badges and Lanyards

EARLY BIRD ENDS:
Friday, 6 March 2020

GROUP RATES AVAILABLE
Remember to ask about the special rates for multiple delegates from the same company.

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Sponsorship brochure

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ASSOCIATE SPONSOR

seahawk services

 

SUPPORTING ORGANISATION

ibia

 

MEDIA PARTNERS

bunkerspot

For More Information


Please contact:
Our Sales Team
Tel: +44 1295 814455
Email: info@petrospot.com

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