On 22 and 23 February our ESCP Business School MSc in Energy Management students worked alongside with students from our Paris and Turin campuses, plus attendees from fellow leading universities in the UK, Europe and the Americas including: London Institute of Banking & Finance, London Business School, Cranfield University, University College London, London School of Economics and Political Science - (LSE), University of Sussex, University of Strathclyde, Toulouse School of Economics, CASS Business School, Imperial College London, Instituto Tecnológico Autónomo de México (ITAM), University of Dundee, Université Paris II Panthéon Assas, Université Paris-Dauphine, University of The West of Scotland, King’s College London, and many others. Collectively they competed in the ESCP Europe Energy Trading Challenge (ETC) 2019.
The ETC is a competitive state-of-the-art energy trading simulation team event wherein participants learn to trade and master the ins-and-outs of what a real-time trading experience.
The simulation included:
- Market grid
- Deal entry
- Position keeping via a professional exposure sheet
- News feed
- Charting
The two eight-hour sessions welcomed representatives from major trading houses and energy companies, as well as professional traders providing insight on concepts and techniques throughout the challenge.
On Friday evening the students attended a round table discussion featuring a panel of industry experts. The topic in question was: Is 2018 the year of the bull or the bear for the oil and gas markets?.
Speakers included:
Cecile Tibi-Rambal, VP Market Risk Management, Total
Gary Middleditch, Co-Head Trader at Arcadia Petroleum Ltd
Eifion Llyr Thomas, Junior Trader / Commercial Analyst, Glencore
Reece Harrison, Naphtha trader, Glencore
Lucie Roux, Senior Writer, Atlantic LNG, Platts
The Energy Trading Challenge is run by our Energy Society with the support of ESCP Business School, the EMC, and Smart Global. This year's event was sponsored by Glencore - One of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 90 commodities, with 90 offices in over 50 countries.