Dark Energy Consulting
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Free Simple Glossary of Energy Trading terms
For more detailed explanations try the Detailed Glossary
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Currently sorted First name ascending Sort by: Surname | First name
Futures Contract | ||
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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 | ||
Gamma | ||
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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 | ||
General Ledger | ||
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A record of all financial transactions made by the company For much more information please refer to the Detailed Glossary | ||
Give Up | ||
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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 | ||
Greek | ||
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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 | ||
Hedge | ||
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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 | ||
Index | ||
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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 | ||
Indexed Forward | ||
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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 | ||
Injection | ||
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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 | ||
Instrument | ||
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At its most abstract an Instrument is a category of trade types For much more information please refer to the Detailed Glossary | ||