Overall, the company presentation was structured so it was in line with the FIB program, whereby the issues involved strategy, trading and accounting/risk management. Also there was a focus on what kind of assignments a student employee at Danske Commodities performs.
First, there was a brief introduction to Danske Commodities, which is a commodity trading house specialized within power, gas and climate markets – the main focus was on the organizational structure and the vision and mission of Danske Commodities.
After the overall presentation the different business teams were introduced. First, an introduction to Middle Office was given, where topics such as risk management and controlling was touched upon.
Then Gas and power trading was introduced, where the different arbitrage techniques and forecasting measures was elaborated on. The business development team atDanske Commodities presented how they conduct their market analysis and gave different examples of trade barriers on the different markets in Europe.
After the introduction Danske Commodities hosted a light meal and a walk through the trading floor, which gave us the opportunity to see the traders in action and talk to them about how trading is done in practice.
All in all it was an interesting event, where the members of FIBU got the chance to see what student employees and newly graduated can work with in the field of commodity trading.