This course provides an in-depth examination of price risk mitigation tools and techniques that will help you survive and even thrive in today’s volatile gas and power markets. Learn which hedging tools are best suited to various market environments. Understand the benefits and limitations of each hedge instrument and how best to apply them given your company’s view of outright price risk as well as basis risk. Let Mr. Richard Weissman, GARP ERP, a world-renowned author and specialist in risk management share techniques, analysis and insights that only his thirty plus years of trading and risk management experience can bring. You’ll gain a practical understanding of outright price risk, basis risk and optionality risk as well as the pros and cons of mitigating physical price risks with each of these tools.
WHY YOU SHOULD ATTEND
This course applies to individuals at all levels of the energy infrastructure, including natural gas and power purchasers, analysts, traders, trade support staff, finance and auditing personnel. Entry-level to intermediate professionals from: wholesale/marketing companies, utilities, back office, commercial hedgers, marketers, endusers, banks, employees of futures exchanges, futures commission merchants, data vendors, pricing publications and government agencies.
WHAT YOU WILL LEARN