Energy Trading and Investing: Trading, Risk Management and Structuring Deals in the Energy Market
| Author | : | |
| Rating | : | 4.18 (827 Votes) |
| Asin | : | 0071629068 |
| Format Type | : | paperback |
| Number of Pages | : | 400 Pages |
| Publish Date | : | 2014-01-14 |
| Language | : | English |
DESCRIPTION:
Macquarie, Australia’s preeminent fi nancial conglomerate, is one of the largest energy companies in North America through its subsidiary, Macquarie Cook Energy. With several billion in capital and operated like a private hedge fund, the Mathematical Arbitrage Trading Desk handled Bear Stearns’s proprietary investments in the equities, energy, commoditie
This makes energy one of the few markets that is rapidly expanding, and it is now one of the hottest investment opportunities in the world.Energy Trading and Investing offers a comprehensive and practical introduction to energy tradingfrom the big picture of how different products are related to each other to in-depth explanations of the jargon and fi nancial mathematics that trip up new traders.Energy Trading and Investing features:A detailed introduction to each of the major energy markets: electricity, natural gas, petroleum, coal, and emissions Primers on advanced topics like st
In response, an unprecedented amount of capital and investment manpower has fl ooded into the energy market. Older utilities are finding that their quiet, safe business has changed dramatically in a short period of time.Now, Energy Trading and Investing provides a big-picture introduction to the industry along with the trading know-how and fi nancial details that every market participant needs for success.This hands-on guidebook covers all types of energy marketsfrom the big-three markets of electricity, natural gas, and oil to the growing markets for liquefied natural gas, emissions, and alternative energy. It provides useful information on the interdependence of the different energy markets, who the major players are, and how Wall Street trades energy products.Energy Trading and Investing features:An overview of the entir
"Great Introduction to Energy Trading" according to Kevin Keane. Excellent book which describes how physical constraints significantly impact the trading of electricity and natural gas. It explains the physics behind pipelines and power systems in a fairly accessible way however I imagine it would be quite difficult for people who have never done physics. It introduces risk management and options in an easy to read fashion.The only reason I gave it four stars is due to the incongruous 20 or so pages in the middle of the book in which the author gives us his significantly misinformed view on . Tariq Albazzaz said Great Energy Trading Primer. This book is probably the best energy primer I've come across. From covering the actual physical technologies to derivatives and how it's all connected, this book really drives it home.. "So far Fantastic!" according to Thomas Snodgrass. I'm not done reading this book, but so far it has been a fantastic introduction to the energy markets. Some of the material is repeated over and over, but it only helps reinforce the ideas. There are also some typos, but not to the point of being annoying. If you are looking for a great intro to the energy markets, including some of its physical characteristics (e.g., what it is, where it comes from, how its transported, how it's processed, and where it ends up), then this is the book for you. The author has substantial experie