This course provides a comprehensive overview of credit, liquidity and counterparty risk management in energy trading.
We will explore how to identify, quantify and mitigate credit and counterparty risk from derivatives and long term contracts. Case studies will illustrate the interaction of market, credit and funding liquidity risk with numerous examples from energy market participants. The course will also cover the critical components to establish sound liquidity and credit risk management policies and procedures.
Delegates will conduct hands-on exercises to implement credit and liquidity risk metrics such as Potential Future Collateral (PFC) and counterparty potential future exposure (PFE), as well as Credit Valuation Adjustments (CVA) in fair value calculations.
The course will also introduce applications of various counterparty risk mitigation tools such ISDA agreements, with emphasis on the Credit Support Annex (CSA) and collateral implications. Netting, guarantees, and credit derivatives will also be covered.
This highly interactive workshop uses up-to-date practical case studies, Excel exercises and group discussions to reinforce and consolidate the concepts presented in the lectures.
Date of Training
12 Oct 2018MenntaCredit
London England GB 24 Apr 2019
Houston TX US 09 Jul 2019
Singapore SG 17 Jul 2019
Houston TX US 08 Apr 2019
London England GB 13 Jun 2019