Hedging Energy Risks with Derivative Instruments in Oil Trading

Lingua: inglese

Editore: GRIN Verlag, GRIN Verlag Jun 2010, 2010

3640636228 / 9783640636228

Da: buchversandmimpf2000, Emtmannsberg, BAYE, Germaniabuchversandmimpf2000

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This item is printed on demand - Print on Demand Titel. Neuware -Bachelor Thesis from the year 2010 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 2,2, University of Applied Sciences Essen, language: English, abstract: The ¿nancial crisis has proven how volatile markets can become within a veryshor t period of time. One commodity that went through peaks and troughs iswithout doubt oil. A wide range of companies with business activities relying on the commodity and stable pricing, also went through highs and lows, whilst some went into liquidation. This circumstance let many companies think carefully about their risk exposure and how they effectively can manage it. This paper shows that:The main exercise to mitigate risk is a well-structured risk management operationwhich deliver the fundamentals for an effective usage of derivative instruments.Prior to any securing activity with swaps or options, companies must pin-pointtheir current risk position, portfolios and their values. On this, the classical portfolio theory with the various modern extensions and portfolio analysis tools deliver a good concept for this question, however, oil has cer tain characteristics which companies need to take into consideration. Furthermore, the portfolio theory may not helping to mitigate risk that is driven by economic factors, hence, spreading risk in an essential part, but some risks can only be addressed other means. All variables may be used to derive, the hedging strategy, time horizon and trading instrument. Especially for the instruments, the paper shows a wide range of commonly used instruments and how they can be applied for distinct oil risk issues.Books on Demand GmbH, Überseering 33, 22297 Hamburg 88 pp. Englisch.…

Codice articolo 9783640636228

Titolo
Hedging Energy Risks with Derivative Instruments in Oil Trading
Autore
Christian Sadrinna
Editore
GRIN Verlag, GRIN Verlag Jun 2010
Anno di pubblicazione
2010
Condizione
Neu
Rilegatura
Taschenbuch
Lingua
inglese
ISBN 10
3640636228
ISBN 13
9783640636228
Peso dell'articolo
141 grammi
Dimensioni
210x148x7 mm

buchversandmimpf2000

Emtmannsberg, BAYE, Germania

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Venditore AbeBooks dal 23 gennaio 2017

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