Book description
Price Risk Management and Trading.
Energy risk management expert, Tom James, does it again. His latest book
is a timely addition to the rapidly developing energy trading markets.
This book should be on every energy trader, risk manager and corporate
planer's desk. it is an easy read as Tom goes into great detail to
explain the intricacies of this market and its various unique elements.
- Peter C. Fusaro, Chairman, Global Change Associates Inc., Best-selling
Author and Energy Expert
This sensible and practical guide is essential for those seeking an
understanding of commerce in energy derivatives. beyond merely
informative, this hand book for the practitioner details the finer
points of the use of derivatives as tools for price-risk management. No
energy trading desk should be without it. - Ethan L. Cohen, Senior
Director, Utility and Energy Technology, UtiliPoint International Inc.
Energy markets are much more volatile than other commodity markets, so
risk mitigation is more of a concern. Energy prices, for example, can be
affected by weather, geopo9litical turmoil, changes in tax and legal
systems, OPEC decisions, analysis' reports, transportation issues, and
supply and demand - to name just a few factors. Tom James's book is a
practical guide to assessing and managing these risks. It is a must-read
for senior management as well as risk and financial professionals.- Don
Stowers, Editor, Oil & Gas Financial Journal
This book is the most comprehensive on price risk management-centric
efforts. It provides the reader with a tangible experience of
derivatives in today's capital and energy markets. The breadth and scope
of the passages are immense, in that both developed and developing
countries' energy markets are considered and examples applied. Terrific
read! - Rashpal Bhatti, Marketing Manager, Energy Trading Asia,
Enron/BHP Billiton
Tom James has simplified the intricacies of a very complex market. In
this new market of "hot" commodities, he has been able to give
a fresh course to those who are new to the energy markets and a solid
review for those that are well seasoned. he covers everything within the
oil market from A to Z in this book and does it well. Coming from a
financial background myself, it's good to finally find a book that can
bring a better understanding to the field of energy commodities. - Carl
Larry, Vice President Citi Energy Global Commodities Professor Tom
James has been involved in energy and commodity markets since 1989 and
is an internationally know business architect, leading market analyst,
and trader in the commodity sector within top tier financial
institutions. he is currently Head of Commodity Trading for the firm
Liquid Capital (www.
liquidcapital. com
). before joining Liquid Capital in July 2007, he was acting as an
advisor to numerous energy firms in Asia and Europe and prior to this he
held positions as Director for the Commodity Derivatives Groups at the
Bank of Tokyo Mitsubishi, Director of Traded Energy Markets at Credit
Agricole Indosuez and as Asia Pacific Regional Head for Commodity
Derivatives at Credit Lyonnais (Singapore).
His publications include
Energy Price Risk (Palgrave Macmillan, 2003), which has been published
in English, Chinese and Russian, Energy Hedging in Asia (Palgrave
Macmillan, 2005), and Energy & Emissions Markets (John Wiley &
Sons, 2006). He was a contributor to Agribusiness & Commodity Risk
Strategies (Risk Books, 2003) and the Professional Risk Managers
Association's book on Energy & Environmental Markets (PRMIA,
2007).
