The document announces a new Energy Trading and Risk Management (ETRM) game being offered at the International Summer School in Milan and Rome on July 5th, 2014. The two-day course teaches ETRM fundamentals on day one and then runs a competitive team-based trading game on day two using real-time price and volatility data. Students will learn trading strategies, risk management frameworks and be assessed as individuals and teams to prepare for careers in trading, risk management, or finance roles.
The riskGRID™ ETRM Game –CFVG October 09-16, 2014 Hanoi & HCMC. We are proud to announce that we will be offering a new and exciting opportunity to learn and practise Energy Trading and Risk Management at CFVG MEBF this year.
The course teaches the groundwork on Day 1-3 and then runs a competitive team game on Day 4. Day 1-3 will be different for Hanoi (09-11) and HCMC (13-16), Day 4 will be a Saturday or Sunday and common to both Campuses.
The riskGRID™ ETRM Game
Learn and practise Energy Trading and Risk Management.
This is a market-driven course lead by practitioners.
Students will work in teams of four to build a strategy, execute, evaulate and rebalance within a Risk άdjusted Framework (RάF ™ by riskGRID) while their corporate world and its needs change with a dynamic market
Webinar: The Insider's Guide to ETRM Software Solutions in Volatile Energy Ma...Eka Software Solutions
View this presentation to learn:
How macro trends in oil, gas, and power are impacting traders and marketers
The value of unlocking data contained in ETRM software systems
How an ETRM software system can help your company improve trading, risk management, and compliance to become more profitable
Download the 45-minute webinar recording: http://info.ekaplus.com/insider-etrm-recorded-webinar
The riskGRID™ ETRM Game –CFVG October 09-16, 2014 Hanoi & HCMC. We are proud to announce that we will be offering a new and exciting opportunity to learn and practise Energy Trading and Risk Management at CFVG MEBF this year.
The course teaches the groundwork on Day 1-3 and then runs a competitive team game on Day 4. Day 1-3 will be different for Hanoi (09-11) and HCMC (13-16), Day 4 will be a Saturday or Sunday and common to both Campuses.
The riskGRID™ ETRM Game
Learn and practise Energy Trading and Risk Management.
This is a market-driven course lead by practitioners.
Students will work in teams of four to build a strategy, execute, evaulate and rebalance within a Risk άdjusted Framework (RάF ™ by riskGRID) while their corporate world and its needs change with a dynamic market
Webinar: The Insider's Guide to ETRM Software Solutions in Volatile Energy Ma...Eka Software Solutions
View this presentation to learn:
How macro trends in oil, gas, and power are impacting traders and marketers
The value of unlocking data contained in ETRM software systems
How an ETRM software system can help your company improve trading, risk management, and compliance to become more profitable
Download the 45-minute webinar recording: http://info.ekaplus.com/insider-etrm-recorded-webinar
The riskGRID™ ETRM Game –CFVG October 09-16, 2014 Hanoi & HCMC
We are proud to announce that we will be offering a new and exciting opportunity to learn and practise Energy Trading and Risk Management at CFVG MEBF this year.
The course teaches the groundwork on Day 1-3 and then runs a competitive team game on Day 4. Day 1-3 will be different for Hanoi (09-11) and HCMC (13-16), Day 4 will be a Saturday or Sunday and common to both Campuses.
ETRM first principles.
Fundamental analysis, Technical trading, Futures, Swaps, Options and Deal structuring (financial engineering).
How trading companies, banks and hedge funds work. How index trades and deal structuring work.
Deal booking, trading the price curve, trading the volatility surface, recognising and either leveraging or neutralising market moves by type.
Defining a Risk adjusted Framework and managing an ETRM strategy.
You will be graded as a team and individually.
This is a market-driven course lead by practitioners. We don’t teach from books, this is a pro-am event where our aim is to get you buckled in, down the runway and airborn as quickly as possible – with someone helping you. Whether front, middle, or back office; or any of the STCB or CPG ETRM roles ….
The riskGRID™ ETRM Game –CFVG October 09-16, 2014 Hanoi & HCMC
We are proud to announce that we will be offering a new and exciting opportunity to learn and practise Energy Trading and Risk Management at CFVG MEBF this year.
The course teaches the groundwork on Day 1-3 and then runs a competitive team game on Day 4. Day 1-3 will be different for Hanoi (09-11) and HCMC (13-16), Day 4 will be a Saturday or Sunday and common to both Campuses.
Investigation of Frequent Batch Auctions using Agent Based ModelTakanobu Mizuta
Recently, the speed of order matching systems on financial exchanges increased due to competition between markets and due to large investor demands. There is an opinion that this increase is good for liquidity by increasing providing liquidity of market maker strategies (MM), on the other hand, there is also the opposite opinion that this speed causes socially wasteful arms race for speed and these costs are passed to other investors as execution costs.
A frequent batch auction (FBA) which reduces the value of speed advantages proposed, however, is also criticized that MM providing liquidity are exposed to more risks, and then they can continue to provide liquidity, then many MM retire, and finally liquidity will be reduced.
In this study we implemented a price mechanism that is changeable between a comparable continuance double auction (CDA) and FBA continuously, and analyzing profits/losses and risks of MM, we investigated whether MM can continue to provide liquidity even on FBA by using an artificial market model.
Our simulation results showed that on FBA execution rates of MM becomes smaller and this causes to reduce liquidity supply by MM. They also suggested that on FBA MM cannot avoid both an overnight risk and a price variation risk intraday, furthermore, it is very difficult that MM is rewarded for risks and continues to provide liquidity. Only on CDA MM is rewarded for risks and continue to provide liquidity.
This suggestion implies that MM that can provide liquidity on CDA cannot continue to provide liquidity on FBA and then many MM retire, finally liquidity will be reduced.
Had to create two solutions for a company called IMM to solve a problem, based on extensive research. Presented in front of past students in the class as a consulting firm.
The riskGRID™ ETRM Game –CFVG October 09-16, 2014 Hanoi & HCMC
We are proud to announce that we will be offering a new and exciting opportunity to learn and practise Energy Trading and Risk Management at CFVG MEBF this year.
The course teaches the groundwork on Day 1-3 and then runs a competitive team game on Day 4. Day 1-3 will be different for Hanoi (09-11) and HCMC (13-16), Day 4 will be a Saturday or Sunday and common to both Campuses.
ETRM first principles.
Fundamental analysis, Technical trading, Futures, Swaps, Options and Deal structuring (financial engineering).
How trading companies, banks and hedge funds work. How index trades and deal structuring work.
Deal booking, trading the price curve, trading the volatility surface, recognising and either leveraging or neutralising market moves by type.
Defining a Risk adjusted Framework and managing an ETRM strategy.
You will be graded as a team and individually.
This is a market-driven course lead by practitioners. We don’t teach from books, this is a pro-am event where our aim is to get you buckled in, down the runway and airborn as quickly as possible – with someone helping you. Whether front, middle, or back office; or any of the STCB or CPG ETRM roles ….
The riskGRID™ ETRM Game –CFVG October 09-16, 2014 Hanoi & HCMC
We are proud to announce that we will be offering a new and exciting opportunity to learn and practise Energy Trading and Risk Management at CFVG MEBF this year.
The course teaches the groundwork on Day 1-3 and then runs a competitive team game on Day 4. Day 1-3 will be different for Hanoi (09-11) and HCMC (13-16), Day 4 will be a Saturday or Sunday and common to both Campuses.
Investigation of Frequent Batch Auctions using Agent Based ModelTakanobu Mizuta
Recently, the speed of order matching systems on financial exchanges increased due to competition between markets and due to large investor demands. There is an opinion that this increase is good for liquidity by increasing providing liquidity of market maker strategies (MM), on the other hand, there is also the opposite opinion that this speed causes socially wasteful arms race for speed and these costs are passed to other investors as execution costs.
A frequent batch auction (FBA) which reduces the value of speed advantages proposed, however, is also criticized that MM providing liquidity are exposed to more risks, and then they can continue to provide liquidity, then many MM retire, and finally liquidity will be reduced.
In this study we implemented a price mechanism that is changeable between a comparable continuance double auction (CDA) and FBA continuously, and analyzing profits/losses and risks of MM, we investigated whether MM can continue to provide liquidity even on FBA by using an artificial market model.
Our simulation results showed that on FBA execution rates of MM becomes smaller and this causes to reduce liquidity supply by MM. They also suggested that on FBA MM cannot avoid both an overnight risk and a price variation risk intraday, furthermore, it is very difficult that MM is rewarded for risks and continues to provide liquidity. Only on CDA MM is rewarded for risks and continue to provide liquidity.
This suggestion implies that MM that can provide liquidity on CDA cannot continue to provide liquidity on FBA and then many MM retire, finally liquidity will be reduced.
Had to create two solutions for a company called IMM to solve a problem, based on extensive research. Presented in front of past students in the class as a consulting firm.
The riskGRID™ ETRM Game –CFVG October 09-16, 2014 Hanoi & HCMC We are proud to announce that we will be offering a new and exciting opportunity to learn and practise Energy Trading and Risk Management at CFVG MEBF this year.
The course teaches the groundwork on Day 1-3 and then runs a competitive team game on Day 4. Day 1-3 will be different for Hanoi (09-11) and HCMC (13-16), Day 4 will be a Saturday or Sunday and common to both Campuses
Specific ServPoints should be tailored for restaurants in all food service segments. Your ServPoints should be the centerpiece of brand delivery training (guest service) and align with your brand position and marketing initiatives, especially in high-labor-cost conditions.
408-784-7371
Foodservice Consulting + Design
The case study discusses the potential of drone delivery and the challenges that need to be addressed before it becomes widespread.
Key takeaways:
Drone delivery is in its early stages: Amazon's trial in the UK demonstrates the potential for faster deliveries, but it's still limited by regulations and technology.
Regulations are a major hurdle: Safety concerns around drone collisions with airplanes and people have led to restrictions on flight height and location.
Other challenges exist: Who will use drone delivery the most? Is it cost-effective compared to traditional delivery trucks?
Discussion questions:
Managerial challenges: Integrating drones requires planning for new infrastructure, training staff, and navigating regulations. There are also marketing and recruitment considerations specific to this technology.
External forces vary by country: Regulations, consumer acceptance, and infrastructure all differ between countries.
Demographics matter: Younger generations might be more receptive to drone delivery, while older populations might have concerns.
Stakeholders for Amazon: Customers, regulators, aviation authorities, and competitors are all stakeholders. Regulators likely hold the greatest influence as they determine the feasibility of drone delivery.
Artificial intelligence (AI) offers new opportunities to radically reinvent the way we do business. This study explores how CEOs and top decision makers around the world are responding to the transformative potential of AI.
Comparing Stability and Sustainability in Agile SystemsRob Healy
Copy of the presentation given at XP2024 based on a research paper.
In this paper we explain wat overwork is and the physical and mental health risks associated with it.
We then explore how overwork relates to system stability and inventory.
Finally there is a call to action for Team Leads / Scrum Masters / Managers to measure and monitor excess work for individual teams.
Public Speaking Tips to Help You Be A Strong Leader.pdfPinta Partners
In the realm of effective leadership, a multitude of skills come into play, but one stands out as both crucial and challenging: public speaking.
Public speaking transcends mere eloquence; it serves as the medium through which leaders articulate their vision, inspire action, and foster engagement. For leaders, refining public speaking skills is essential, elevating their ability to influence, persuade, and lead with resolute conviction. Here are some key tips to consider: https://joellandau.com/the-public-speaking-tips-to-help-you-be-a-stronger-leader/
Senior Project and Engineering Leader Jim Smith.pdfJim Smith
I am a Project and Engineering Leader with extensive experience as a Business Operations Leader, Technical Project Manager, Engineering Manager and Operations Experience for Domestic and International companies such as Electrolux, Carrier, and Deutz. I have developed new products using Stage Gate development/MS Project/JIRA, for the pro-duction of Medical Equipment, Large Commercial Refrigeration Systems, Appliances, HVAC, and Diesel engines.
My experience includes:
Managed customized engineered refrigeration system projects with high voltage power panels from quote to ship, coordinating actions between electrical engineering, mechanical design and application engineering, purchasing, production, test, quality assurance and field installation. Managed projects $25k to $1M per project; 4-8 per month. (Hussmann refrigeration)
Successfully developed the $15-20M yearly corporate capital strategy for manufacturing, with the Executive Team and key stakeholders. Created project scope and specifications, business case, ROI, managed project plans with key personnel for nine consumer product manufacturing and distribution sites; to support the company’s strategic sales plan.
Over 15 years of experience managing and developing cost improvement projects with key Stakeholders, site Manufacturing Engineers, Mechanical Engineers, Maintenance, and facility support personnel to optimize pro-duction operations, safety, EHS, and new product development. (BioLab, Deutz, Caire)
Experience working as a Technical Manager developing new products with chemical engineers and packaging engineers to enhance and reduce the cost of retail products. I have led the activities of multiple engineering groups with diverse backgrounds.
Great experience managing the product development of products which utilize complex electrical controls, high voltage power panels, product testing, and commissioning.
Created project scope, business case, ROI for multiple capital projects to support electrotechnical assembly and CPG goods. Identified project cost, risk, success criteria, and performed equipment qualifications. (Carrier, Electrolux, Biolab, Price, Hussmann)
Created detailed projects plans using MS Project, Gant charts in excel, and updated new product development in Jira for stakeholders and project team members including critical path.
Great knowledge of ISO9001, NFPA, OSHA regulations.
User level knowledge of MRP/SAP, MS Project, Powerpoint, Visio, Mastercontrol, JIRA, Power BI and Tableau.
I appreciate your consideration, and look forward to discussing this role with you, and how I can lead your company’s growth and profitability. I can be contacted via LinkedIn via phone or E Mail.
Jim Smith
678-993-7195
jimsmith30024@gmail.com
The Team Member and Guest Experience - Lead and Take Care of your restaurant team. They are the people closest to and delivering Hospitality to your paying Guests!
Make the call, and we can assist you.
408-784-7371
Foodservice Consulting + Design
riskGRID ETRM Game ISS 2014 Rome Milan July 05 Stack Agrimax
1. The riskGRID™ ETRM Game –
ISS 2014 J l 5th Mil & RISS 2014 July 5th Milan & Rome
• We are proud to announce that we will be offering a new and excitingp g g
opportunity to learn and practise Energy Trading and Risk Management
at the International Summer School this year.
• The course teaches the groundwork on Day 1 and then runs ag y
competitive team game on Day 2. Day 1 will be different for Rome and
Milan, Day 2 is July 5th, 2014.
• www.riskschoolrome.eu/etrm-game
The riskGRID™ ETRM Game
Sponsored by Platts
1
Sponsored by Platts
A division of the McGraw-Hill Companies
2. Content & Learning Outcomeg
• ETRM first principles.p p
• Fundamental analysis, Technical trading, Futures, Swaps, Options and
Deal structuring (financial engineering).
• How trading companies banks and hedge funds work How indexHow trading companies, banks and hedge funds work. How index
trades and deal structuring work.
• Deal booking, trading the price curve, trading the volatility surface,
recognising and either leveraging or neutralising market moves by typerecognising and either leveraging or neutralising market moves by type.
• Defining a Risk adjusted Framework and managing an ETRM strategy.
• You will be graded as a team and individually.
• This is a market-driven course lead by practitioners. We don’t teach
from books, this is a pro-am event where our aim is to get you buckled
in, down the runway and airborn as quickly as possible – with someone
helping you. Whether front, middle, or back office; or any of the STCB or
CPG ETRM roles ….
2
You will be ideally prepared for an interview…
or simply superbly introduced to ETRM.
3. Who learns ETRM/CTRM¹ ?/
Commercially Academically Professionally
“for traders, trader new-hires
and the teams who work with
them”
” for students and their teachers” “corporate risk managers,
accountants, lawyers”
1 live price and vols
2 futures physical and freight
1 practitioner dominated faculty
yet academically sound
2 trading structuring role
1 Explains curve construction
and management
2 Teaches accounting and2 futures, physical and freight
capability, index (Platts etc)
3 real market curves and
surfaces (price vol and correl)
2 trading, structuring, role-
playing, financial engineering
3 a gradable case study in
ETRM/CTRM
2 Teaches accounting and
regulatory best practice
3 Teaches risk management
best practicesurfaces (price, vol and correl)
4 trading, structuring, role
playing, financial engineering
ETRM/CTRM
4 constant assessment by pop-
quiz and a variety of games and
tests
best practice
4 Captures structured deals
allowing reverse engineering
playing, financial engineering
5 look at our
recommendations on linkedin
tests
5 ideal preparation for trading
and risk management
front/middle/back office positions
5 teaches “as its taught” by
your risk management
service providers
3
recommendations on linkedin front/middle/back office positions
¹ ETRM – Energy Trading & Risk Mgmt, CTRM – Commodity Trading & Risk Mgmt
4. How do we know its good?g
• Its like flying a fighter jet. When properly designed and built any
experienced (pilot)trader can pick up the game and fly it after only
minutes of familiarisation.
• We were constrained in academia by poor IT when compared to the
i l ld O th i t t th t d tcommercial world. Our game runs across the internet on the students
laptop. Every problem you solve is an opportunity and becomes a
critical success factor while slowing the competition.
• We developed software with “live prices and live vols”• We developed software with live prices and live vols .
• The game content is based on real events as they happened – it is not
a simulation but like the techniques used in the commercial world it is
based on actual market action and information and heavilybased on actual market action and information and heavily
dependent on role playing within a real commercial environment.
• The game itself runs for 8 hours – its a dense and intense day, just like
the trading (ETRM) world.
• Students work in teams of four to build a strategy, execute, evaulate
and rebalance within a Risk άdjusted Framework (RάF ™ by riskGRID)
while their corporate world and its needs change with a dynamic
k tmarket
4
We were challenged to build something special
5. How do we know its unique?q
• Its like flying a fighter jet.
• With an experienced design, engineering and delivery team we
stripped down actual commercial software to first principles and built a
student version with as few compromises as possible and many which
were practical.
• We then rigorously trained and taught with it, honing and developing
our ETRM game.
t ll ti ill h i d i l k t l• At all times you will have experienced commercial market people
training you hands on and taking the controls with you for the more
complicated manouvers.
• We hired others to teach with their software as a benchmark. We out-
performed at every level.
5
We built something special –
riskGRID™ for Academia
6. riskGRID™ the GUI feed…
h h i l O C F d
Generators Transaction types Database
Vol
GEN
Exchange, Physical, OTC
Futures, Swaps, Options
Data
Price
Fundam
entals
Curve
GEN
Price
GEN Basis, Index, EFP
Data
Commodities Biz Mgmt, Compliance & Controls
riskGRID™ Architecture
Oil Gas Electricity CRM
• Customer positions, limits, reports...
C dit Li it Ri k Li it t
Regional & Global
Carbon, LNG, Weather, Structured
i t b dd d
CRO
• Credit Limits , Risk Limits, reports…
Risk
• By commodity, strike, expiry…
6 Stack Agrimax
Finance etc can be added
Risk