Understanding the Fundamentals of Coal Trading Class
Course participants will learn the basics of coal trading: the traded coal products; the types of trading instruments (forward contracts, swaps, options, basis trades), identifying and managing risk; understanding forward curves, and establishing a trading function in your organization. The class will be held September 19-20 in Houston, TX, at the following times:
- September 19, 1:00 p.m.-5:00 p.m. (with a reception and dinner to follow)
- September 20, 7:45 a.m.-4:00 p.m.
The course includes these topics:
- coal commodities and trading platforms,
- hedging strategies for producers and generators,
- swaps and physical indexation,
- futures and options,
- time, quality, and location spreads,
- settlements process, and
- credit and contract language.
Airline Reservations
Schedule your arrival no later than 11 a.m. on September 19. Houston Hobby is the nearest airport. Schedule your departure for 6:00 p.m. out of Hobby, 7:00 p.m. out of Bush International on September 20.
Class Registration
The registration fee for CTA Member Company participants is $250, and for CTA Nonmember participants $450. Not sure if your company is a CTA member? Click here. Class size is limited to the first 25 registrants. We will not be able to accommodate more participants, so register early.
Click here to register for the class.
Hotel Reservations
The host hotel , the Westin Galleria Houston, located near the Galleria shopping complex, offers upscale accommodations in a prime location. The hotel is located in the heart of Uptown Houston, just one-and–half blocks from the world-class shopping, dining and entertainment at The Galleria. This four-diamond property is just minutes from Downtown, the Texas Medical Center, the Museum District and all major sports venues.
Reserve Your Room Online reservations will be available beginning in January. The room rate is $179 a night plus tax. The deadline for room reservations is August 29. Your room rate includes FREE Internet access! The deadline for reservations is August 29.
Getting to the Hotel from the Airport
The hotel concierge team will be more than happy to arrange limousine services for our guests. The option to use a taxi is also available and the price is $45-60, depending on the airport. The Super Shuttle provides a more economical option to and from both airports. The price is $24-27 per person. Reservations are required for the trip back to the airport.
William P. Hobby Airport (HOU) Distance 16 MI / 25.75 KM SOUTH EAST to Hotel Shuttle Charge (one way): $24.00 (USD) Take Interstate 45 North to 610 Loop West, continuing to 610 Loop North. Exit at San Felipe. U-turn at the light and the hotel is located between San Felipe and Westheimer Road. George Bush Intercontinental Airport (IAH) Distance 18 MI / 28.97 KM NORTH to Hotel Take Beltway 8 West to Interstate 45 South. Exit 610 West and continue on to 610 South. Exit San Felipe. Go through the light and the hotel will be on the right side of the street.