Those attending this course will build a sound understanding of the markets, gain practical experience in selecting and using a variety of risk management instruments, and learn strategies for their use in hedging and price management. This course will also cover the value of optionality, management control, and risk measures. As part of a trading team, delegates will identify and manage the price risks of their trading book. They will trade the full range of derivative markets, most of them in real-time, using prevailing market prices from Reuters, Platts, and Argus. As market conditions change, delegates will compare the performance of different instruments and learn to choose the appropriate one to meet their objectives.
This course is beneficial to those with a prior understanding of physical markets or who have taken Unit One and wish to learn more about derivatives and hedging. In addition it will benefit hose who interface with risk management in the industry; and those from banks, accountancy practices, and law firms.