ONLINE COURSES
Access expert-led online training from Flux Institute, designed to fit around your schedule. Learn at your own pace, from anywhere.
Decoding Options: Getting in the Money
This course provides a comprehensive introduction to options on oil futures, covering the theory, pricing, and real-world application of financial options in commodity markets.
Beginning with the fundamentals of how options work as instruments of insurance and leverage, learners progress through payoff structures, the mechanics of calls and puts, and key option combinations including collars, spreads, and straddles. The course then builds into pricing theory, covering intrinsic and time value, the Black-76 model, and the option Greeks (delta, gamma, theta, vega), with a focus on how these are applied in portfolio risk management and hedging.
Decoding Gasoil / Diesel Markets
Mita Chaturvedi is a Research Associate at Flux Markets, covering financial positioning across crude oil and refined products swaps. She works with a specialised team analysing Flux's proprietary positioning data, tying it to oil market developments to track how data is priced in and what's driving price action.
Mita has a particular interest in refined products and LPG markets, while also following the wider oil market and geopolitics. Her work bridges the gap between positioning data and real-world market dynamics, shedding light on the forces shaping the energy landscape.
Navigating through Natural Gas Liquids
A practical introduction to the NGL complex, from molecules to markets, with Mita Chaturvedi, Research Associate at Flux.
This course covers what NGLs are and how they're produced, how LPG is stored and shipped around the world, and how the financial market works including key benchmarks like Mont Belvieu, FEI, NWE and Saudi CP. Through real-world case studies on weather events, canal disruptions and trade policy, you'll build a working mental map of how physical flows and paper markets connect across the US, Middle East, Asia and Europe.
European Gas Market
Master the European gas market in this 3-part explainer series, breaking down the supply, demand, storage and pricing dynamics that actually move this market, taught by someone who's lived it from the trading floor. Stuart Mitchell - Senior Natural Gas Analyst at Onyx Commodities - brings nearly 20 years of front-office experience in European gas and global LNG, blending sharp fundamental modelling with advanced programmatic analytics to deliver commercial insights you can actually use.
Having worked across major trading houses covering European power, US gas and power, carbon and oil, Stuart doesn't just explain the market - he shows you how traders and management think about it in real time.
Trading with Discipline
Master the three pillars that actually move markets: technical analysis, fundamental drivers and behavioural finance, all in one focused session. From Dow Theory and trend-following to correlation trading and systematic strategies, this course shows you how top traders read charts, understand market psychology, and manage risk with discipline.
Led by James Brodie, a Chartered Market Technician with over 25 years of front-office trading experience across London, New York, Tokyo and Singapore, and a client list of over 51 prime institutions in 21 countries, including Goldman Sachs, HSBC, JPMorgan, Citibank and Aramco. Walk away with a sharper process and the tools to spot lower-risk, higher-reward trades.
Navigating the Gasoline Market
A practical introduction to gasoline, from the blending pool to the paper market. Taught by Martha Dowding - Research Associate at Flux - the course covers the physical market (refining, US swing supply, Dangote's impact on West African flows), the financial market (RBOB, EBOB and Sing 92, and what drives each), and blending fundamentals (RVP, octane, the ethanol blend wall, naphtha, and hedging with the gasnaph swap).
Real-world case studies, including Winter Storm Uri, Colonial Pipeline and the 2023 RIN collapse, show how positioning and liquidity shape price. Suitable for anyone entering energy trading or working in a commercial or support role.
THE EDGE: The Flux Elite Development Programme
The institutional programme used to onboard new traders at Onyx Capital Group is now available outside the firm - same material, same standard, open to anyone building a career in commodities and energy.
The Edge covers commodity and energy fundamentals, derivatives, physical and paper trading, hedging, and proprietary strategy - what moves markets and who moves them.
You'll master fundamental and technical analysis, trader psychology, and risk management, then apply Python and AI to backtest your own strategies. Built and taught by a Chartered Market Technician with 20+ years' front-office experience who has trained traders at Goldman Sachs, JP Morgan, Petronas, and HSBC.
28 hours of content - 15 hours of video, 12 case studies, 300 knowledge checks, and a final exam. Get desk-ready: read market-moving events, defend a market view, and build systematic strategies with Python and AI. This is how Onyx builds its traders. Now it can build yours.