James Energy Markets

Price Risk Management and Trading
1. Auflage 2012
ISBN: 978-1-118-58047-9
Verlag: John Wiley & Sons
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 384 Seiten, E-Book

Reihe: Wiley Finance Editions

Price Risk Management and Trading.
Energy risk management expert, Tom James, does it again. His latestbook is a timely addition to the rapidly developing energy tradingmarkets. This book should be on every energy trader, risk managerand corporate planer's desk. it is an easy read as Tom goes intogreat detail to explain the intricacies of this market and itsvarious unique elements. - Peter C. Fusaro, Chairman, Global ChangeAssociates Inc., Best-selling Author and Energy Expert
This sensible and practical guide is essential for those seeking anunderstanding of commerce in energy derivatives. beyond merelyinformative, this hand book for the practitioner details the finerpoints of the use of derivatives as tools for price-riskmanagement. No energy trading desk should be without it. - Ethan L.Cohen, Senior Director, Utility and Energy Technology, UtiliPointInternational Inc.
Energy markets are much more volatile than other commodity markets,so risk mitigation is more of a concern. Energy prices, forexample, can be affected by weather, geopo9litical turmoil, changesin tax and legal systems, OPEC decisions, analysis' reports,transportation issues, and supply and demand - to name just a fewfactors. Tom James's book is a practical guide to assessing andmanaging these risks. It is a must-read for senior management aswell as risk and financial professionals.- Don Stowers, Editor, Oil& Gas Financial Journal
This book is the most comprehensive on price riskmanagement-centric efforts. It provides the reader with a tangibleexperience of derivatives in today's capital and energy markets.The breadth and scope of the passages are immense, in that bothdeveloped and developing countries' energy markets are consideredand examples applied. Terrific read! - Rashpal Bhatti, MarketingManager, Energy Trading Asia, Enron/BHP Billiton
Tom James has simplified the intricacies of a very complex market.In this new market of "hot" commodities, he has been able to give afresh course to those who are new to the energy markets and a solidreview for those that are well seasoned. he covers everythingwithin the oil market from A to Z in this book and does it well.Coming from a financial background myself, it's good to finallyfind a book that can bring a better understanding to the field ofenergy commodities. - Carl Larry, Vice President Citi Energy GlobalCommodities

Autoren/Hrsg.

James, Tom

Inhaltsverzeichnis

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 ortrading Program.
10. Management Controls.
11. Derivatives Controls & Usage Statement and ControlInfrastructure.
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-Mitigationmethods.
17. Accounting for Energy Derivatives Trades.
Index.

Über Autor(innen)

Professor Tom James has been involved in energy and commoditymarkets since 1989 and is an internationally know businessarchitect, leading market analyst, and trader in the commoditysector within top tier financial institutions. he is currently Headof Commodity Trading for the firm Liquid Capital (www.liquidcapital.com).before joining Liquid Capital in July 2007, he was acting as anadvisor to numerous energy firms in Asia and Europe and prior tothis he held positions as Director for the Commodity DerivativesGroups at the Bank of Tokyo Mitsubishi, Director of Traded EnergyMarkets at Credit Agricole Indosuez and as Asia Pacific RegionalHead for Commodity Derivatives at Credit Lyonnais (Singapore).
His publications include Energy Price Risk (Palgrave Macmillan,2003), which has been published in English, Chinese and Russian,Energy Hedging in Asia (Palgrave Macmillan, 2005), and Energy &Emissions Markets (John Wiley & Sons, 2006). He was acontributor to Agribusiness & Commodity Risk Strategies (RiskBooks, 2003) and the Professional Risk Managers Association's bookon Energy & Environmental Markets (PRMIA, 2007).