ICA to Conduct “Managing Risk” Training Prior to 2015 Annual Trade Event
Registration is now open for the International Cotton Association’s (ICA) “Managing Risk” training course on October 28-29, in conjunction with the ICA Annual Trade Event.
The course – as well as the trade event – will be held at the Hyatt Regency in San Francisco, CA.
According to ICA officials, the training will focus on key areas of risk management for the cotton trade, including an in-depth analysis of futures and options, developing trading plans and strategies, a look at the global economy and currencies, and technical analysis. Peter Egli, director of risk management for Plexus Cotton, Ltd., will lead the 1 ½-day session.
“Since 2008, financial markets have become increasingly volatile,” said Egli. “Cotton is no exception, with the futures market experiencing price swings from 36 to 227 cents per pound. In such an environment, it is more important than ever for cotton traders to gain a deeper understanding of the risk they are dealing with and to learn how to mitigate them with the help of futures and options strategies.”
Full details about the course, including registration information, can be found on the ICA website.
Registration is also now open for the ICA Annual Trade Event, which is open to anyone with an interest in the cotton trade. More than 600 delegates from the global cotton community are expected to attend.
Source – International Cotton Association