Trading room at ESCP Business School in collaboration with PVM Smart Learning
ESCP Business School prides itself on offering our students and executives an education that moves far beyond the traditional lecture hall set-up, and nothing embodies this better than the real world experience run in our Trading Room at ESCP London Campus in collaboration with PVM Smart Learning.
The first of its kind at any business school in the London area, with the potential to be able to run a real world experience remotely from our servers in London to reach participants spread worldwide.
Trading Room workshops are an integral part of all programmes hosted at the School, from the Master classes to postgraduate Masters, right through to our Executive Education programmes. In addition to this, we host regular extra-curricular sessions with external partners and offer use of the facilities to visiting study groups.
Energy Commodity Trading ESCP Business School
Our trading simulation courses are offered in partnership with Smart Global. Foundation courses give a wide ranging introduction to traded oil markets. Delivered in an interactive style by experts, it gives commercial staff the opportunity to deepen their knowledge of familiar concepts. At the same time, the hands-on simulations will give those in supporting roles a taste of the kind of challenges faced by front line traders.
Courses offered are all highly interactive oil and gas learning experience delivered by industry experts. Trading theories and concepts and trained and put into practice through computer enhanced trading simulations. The course covers oil and gas market fundamentals together with physical and paper trading concepts.
The System
The Smart Global Trading simulator is used throughout courses to bring reality to the conceptual ground covered in the lectures. This is a state-of-the-art proprietary system which allows market scenarios to be simulated and played out, as the delegate discharges a set of tasks, usually under time pressure. Delegates will have the opportunity to manage the exposures arising from a wide variety of deal types in a challenging, real time environment. The intention is to gain a solid understanding of the risks arising from a given trade through its life cycle, and to examine the best ways in which both exposure and profit/loss may be represented and managed.
Benefits and Outcomes
- Good understanding of the physical crude, product and derivative markets;
- Understand the main drivers of the market;
- Master principal trading techniques: Formulate market views; Identify entry/exit points;
- Assess and manage risk exposure;
- Manage position limits;
- Effectively communicate views, positions and risk;
- Managing and functioning in stressful situations.
Level of Experience
From the control room we are able to monitor and vary market conditions through liquidity, alerts and prices. This flexibility enables high performers to be stretched, whilst other delegates continue to derive value and develop their understanding.
"We are concerned with preparing students to develop an executable trading strategy based on analysis of the market, and adaptable to events as they unfold, in a risk-controlled manner."
About PVM Smart Learning
PVM Smart Learning is a joint venture between two leaders in their fields in energy trading - Smart Global and PVM. It brings together deep physical and paper market experience, analytical and coaching skills and in-house developed tools and techniques which add up to a unique and excellent approach to training.
Trading Room - A Unique Trading Experience!
In collaboration with our training partners, PVM Smart Learning, and expert trading consultants, Smart Global Trading, we deliver a state of the art trader simulation experience. The unique combination of interactive presentations, delivered by industry leaders, followed by practical simulation reinforces learning whether you want to be a trader or just enhance your knowledge of the oil markets.
The trading simulation experience is supported by a powerful bespoke trading platform that features a live trading screen, price charting application, instant messenger, news feeds and a real-time portfolio with profit and loss reporting and exposure tracking. Participants learn all the fundamental techniques and terminology and also experience the thrill of real-time trading in multi-commodity markets covering futures, forwards, swaps and physical.
How to Book a Session?
If you would like to book a session in the Trading Room for non-ESCP students, please contact Executive Education.
Our Facilities
To find out more about what the facility offers in an academic sense, please contact Dr Terence Tse, Associate Professor of Finance here at the London Campus: [email protected]