Physical Trading, Risk & Hedging Fundamentals

About the Course

This programme develops a working approach to physical trading, risk & hedging fundamentals in the context of commercial energy decisions. Participants move from understanding the main concepts to examining a case, testing alternatives and explaining a practical recommendation. The three modules focus on physical exposure, hedging concepts and risk limits. Examples are selected after the training brief so that they reflect the responsibilities and experience of the participant group.

Course Objectives

• Explain the role of physical exposure and identify the information required for a reliable assessment.
• Use a structured worksheet to examine hedging concepts and compare reasonable alternatives.
• Identify assumptions, missing evidence and implementation concerns related to risk limits.
• Prepare a comparison of price, delivered cost, value and risk for discussion with a transaction team.
• Translate the exercise into a workplace action plan with owners, review points and measurable progress.

Who Can Benefit

• Trading and middle-office professionals: apply physical exposure to their responsibilities through a guided case and a course-specific worksheet.
• Commercial risk analysts: apply hedging concepts to their responsibilities through a guided case and a course-specific worksheet.
• Treasury and procurement staff reviewing physical exposure: apply risk limits to their responsibilities through a guided case and a course-specific worksheet.

Participant experience and learning needs are reviewed before the programme is confirmed.

Curriculum & Practical Work

Learning Method

Short concept discussions, guided worksheets, group comparisons and instructor feedback, followed by a workplace action plan.

Educational programme. No professional accreditation is implied; specialist legal, engineering or tax advice requires qualified professionals.