Energy Trading and Risk Management: A Practical Approach to Hedging, Trading and Portfolio Diversification (Wiley Finance) offers a comprehensive overview of the global energy markets from one of the leading experts on energy derivatives and quantitative finance. Authored by Iris Marie Mack, this book is designed for hedge fund traders, consultants, and energy market participants who wish to apply trading and risk management strategies in their daily activities.

The text begins with fundamental concepts of energy markets and gradually introduces readers to simple and complex derivatives trading, hedging strategies, and industry-specific case studies. Dr. Mack’s approachable writing style makes the material accessible while ensuring a thorough understanding. The book is replete with real-world examples, illustrations, charts, and precise definitions of key terms that often go misunderstood.

From stochastic pricing models for exotic derivatives to modern portfolio theory (MPT) and energy portfolio management (EPM), this volume covers a wide range of topics. It also delves into specific risk management challenges faced in the wind and hydro-electric power sectors, providing readers with practical insights and tools to navigate these complex areas effectively.

This 320-page guide is essential for investors, executives, and energy professionals seeking to ensure profitability and effective risk mitigation in various market climates. With its blend of theory and practice, Energy Trading and Risk Management serves as a valuable resource for anyone involved in the energy derivatives markets.

Publisher: Wiley
Edition: 1st
Language: English
Publication Date: May 12, 2014
ISBN-10: 1118339339
ISBN-13: 978-1118339336
Dimensions: 6.2 x 0.9 x 9.2 inches

Read more about this insightful guide to energy trading and risk management.