Trader`s risks in wholesale energy market
| Thesis title: | Rizika obchodníku na velkoobchodním trhu s elektřinou |
|---|---|
| Author: | Martinec, Adam |
| Thesis type: | Bakalářská práce |
| Supervisor: | Paholok, Igor |
| Opponents: | - |
| Thesis language: | Česky |
| Abstract: | Bakalářská práce se zaměřuje na analýzu rizik vznikající obchodníkům na velkoobchodním trhu s elektřinou. Popisuje pozici obchodníků na burzovním a mimoburzovním trhu. Zkoumá velikost jednotlivých finančních rizik v závislosti na druhu trhu. V závěrečné části se pokouší pomocí implementace credit value adjustment" odpovědět na otázku, kdy je výhodné na burze obchodovat. |
| Keywords: | PXE; elektřina; credit value adjustment; termínové kontrakty; riziko |
| Thesis title: | Trader`s risks in wholesale energy market |
|---|---|
| Author: | Martinec, Adam |
| Thesis type: | Bachelor thesis |
| Supervisor: | Paholok, Igor |
| Opponents: | - |
| Thesis language: | Česky |
| Abstract: | Bachelor thesis focuses on analysis of risks borne by traders in wholesale energy market. It describes position of traders in energy exchange and OTC electricity market. It determines size of four basic financial risks (credit risk, market risk, liquidity risk and operational risk) depending on kind of the market. The last part of the thesis is dedicated to the determination of circumstances favoring the Power Exchang Central Europe over the OTC market, using the implementation of Credit Value Adjustment. |
| Keywords: | financial risks; credit value adjustment; futures contracts; Power Exchange Central Europe; electricity |
Information about study
| Study programme: | Finance a účetnictví/Bankovnictví a pojišťovnictví |
|---|---|
| Type of study programme: | Bakalářský studijní program |
| Assigned degree: | Bc. |
| Institutions assigning academic degree: | Vysoká škola ekonomická v Praze |
| Faculty: | Faculty of Finance and Accounting |
| Department: | Department of Banking and Insurance |
Information on submission and defense
| Date of assignment: | 20. 4. 2011 |
|---|---|
| Date of submission: | 15. 6. 2011 |
| Date of defense: | 23. 6. 2011 |
| Identifier in the InSIS system: | https://insis.vse.cz/zp/31791/podrobnosti |