Dubai to Host ICA Risk Management Training
The International Cotton Association (ICA) will deliver its ‘Managing Risk in a Volatile World’ course in Festival City, Dubai, on Sept. 3-4, 2013.
February 27, 2013
After the events of the last few years, it’s no surprise that cotton industry professionals are looking for ways to better manage their risk. The ICA will meet that demand by offering a risk management training course in Dubai on Sept. 3-4, 2013.
The one-and-a-half-day course will be delivered by Peter Egli, director of risk management at Plexus Cotton Ltd. The training will focus on key areas of risk management for the cotton trade, from gaining a deeper understanding of how futures and options work to developing trading plans and strategies.
“Although the cotton market has been relatively uneventful in 2012, I believe that we are going to be exposed to an increasingly complex and volatile world over the coming years,” Egli says. “In order to survive in such an environment, the cotton community needs to gain a deeper understanding of the risks it is dealing with and learn how to mitigate them with the help of futures and options strategies.”
The training incorporates the following topics:
- futures and options,
- global economy and currencies,
- technical analysis, and
- trading plan and techniques.
Participants will ideally have completed ICA’s Complete Cotton training program or have a basic knowledge and understanding of futures & options. For more information, click here.