Saturday, 24 February 2024, 3:02 PM
Site: Dark Energy Consulting
Course: Free Simple Glossary of Energy Trading terms (Simple Glossary)
Glossary: Free Simple Glossary of Energy Trading terms
F
nick

Futures Contract

by Nick Henfrey - Saturday, 9 May 2015, 7:14 AM
 

A Futures Contract is an agreement to buy or sell a commodity at a fixed time in the future executed on or with an Exchange

For much more information please refer to the Detailed Glossary

G
nick

Gamma

by Nick Henfrey - Saturday, 9 May 2015, 7:14 AM
 

Gamma is one of the market risk Greeks 

It measures the sensitivity of the Delta to an underlier or market value

It is of use when the value of the Delta itself varies with the value of the underlier - the Delta being the ratio of the value of the trade or portfolio to the value of an underlier or market value

For much more information please refer to the Detailed Glossary

nick

General Ledger

by Nick Henfrey - Saturday, 9 May 2015, 7:14 AM
 

A record of all financial transactions made by the company

For much more information please refer to the Detailed Glossary

nick

Give Up

by Nick Henfrey - Saturday, 9 May 2015, 7:14 AM
 

A give up is an OTC trade - usually a forward - given up to an Exchange for clearing 

For much more information please refer to the Detailed Glossary

nick

Greek

by Nick Henfrey - Saturday, 9 May 2015, 7:14 AM
 

The Greeks are a set of Market Risk measures, using Greek (or Greek-like) letters to measure sensitivities of a trade or portfolio to the set of factors that affect the value of the trade or portfolio

For much more information please refer to the Detailed Glossary

H
nick

Hedge

by Nick Henfrey - Saturday, 9 May 2015, 7:14 AM
 

To hedge is to offset, mitigate or reduce a risk or risks of an organization or individual by entering into contracts or trades

A hedge is a trade or contract intended at least partly to reduce risk

In Energy Trading the risk is usually market risk associated with other trades or contracts, or the operation of assets

For much more information please refer to the Detailed Glossary

I
nick

Index

by Nick Henfrey - Saturday, 9 May 2015, 7:14 AM
 

An Index is a set of prices that are published for a commodity or product, usually derived from trading data, using an open and independent method

For much more information please refer to the Detailed Glossary

nick

Indexed Forward

by Nick Henfrey - Saturday, 9 May 2015, 7:14 AM
 

A type of Forward contract that is physically delivered and settled at a price derived from a published index

For much more information please refer to the Detailed Glossary

nick

Injection

by Nick Henfrey - Saturday, 9 May 2015, 7:14 AM
 

Term used to describe transferring natural gas from a transmission network into a storage facility

For much more information please refer to the Detailed Glossary

nick

Instrument

by Nick Henfrey - Saturday, 9 May 2015, 7:14 AM
 

At its most abstract an Instrument is a category of trade types

For much more information please refer to the Detailed Glossary