THE WORLD OF OIL DERIVATIVES A Guide to Financial Oil Trading in a Modern Age
Greg Newman Breaks Down the Inner Workings of Oil Markets
Chapter overviews to one of the world’s most complex industries
History of Oil Trading
Introduction to physical oil market, its sectors, history, buying process, exchanges, & financialisation.
Commodities Trading
Guide to oil derivative trading, investment banks, exchanges, contracts, market uses, & regulations.
Oil Market Influencers
Overview of influencers: OPEC, geopolitical leaders, major companies, & research houses.
Oil Derivatives Market Analysis
Supply/demand models, market positioning, financial flows, participant behavior, & psychological influences.
Evaluating Market Positions
Volatility, liquidity, technical indicators, & market scenarios based on volatility & liquidity.
Speculative Trading
Hypothesising, trade classification, risk, position sizing, exits, performance tracking, & hedging.
Determining Fair Value
Establishing contracts, linking regions, constructing forward curves, & organising contract hierarchies.
Impact of Financialisation
Market maker growth, data sophistication, tech power, market dynamics change, oil derivatives, data future.
What is the Solution?
Exploring forward curves, market analyses, growth in derivatives trading, threats, & future trends.
Who's the Book for?
- Newcomers to this market, with a focus on assisting graduates in their journey to become oil traders.
- Industry professionals seeking to improve their understanding in this area, particularly if their focus has been on physical oil trading.
- Keen observers, who aren't aware of the wider financial oil market beyond the core futures contracts and seek further information and understanding of the data.
About Greg Newman
Greg Newman is the Chief Executive of Onyx Capital Group - the world's largest liquidity provider in oil derivatives, and the parent company of Flux Markets.
Greg began his trading career at Mandara Capital aged twenty-two, where he created the crude oil desk. Within three years, it became the largest independent market-maker in Dated Brent and Dubai swap markets.
In 2016, Greg left Mandara with colleague Omar Kayaam to launch Onyx. Greg has been the driving force behind Onyx's development on the trading floor and beyond, establishing training programmes, research, data services, brokerage, news, and analysis. He's featured in “40 Classic Crude Oil Trades” and the crude desks he formed at Mandara and Onyx are in “Brent Crude Oil: Development of the Benchmark.”
Greg holds a BEng in Biochemical Engineering from University College London.