The International Cotton Association (ICA) will deliver its ‘Managing risk in a volatile world’ training course in Festival City, Dubai on 3-4 September 2013.
Developed in response to industry feedback, this one-and-a-half-day course will be delivered by industry expert, 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.
Speaking in advance of the training, Peter Egli explains: “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. 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 & Options, Global Economy & Currencies, Technical Analysis and Trading Plan & Techniques. Participants will ideally have completed the ICA’s ‘Complete Cotton’ training programme or have a basic knowledge of futures & options.
About the ICA -Established in 1841, the ICA is the world’s leading international cotton trade association and arbitral body.
-The majority of the world’s raw cotton is traded under ICA Bylaws & Rules.
-The ICA is a membership organisation. It has more than 500 members - firms and individuals - representing all sectors of the cotton industry and including the world’s major cotton companies.
-The ICA vision is to ensure contract sanctity in the global trade of cotton. Its mission is to protect the legitimate interests of all those involved in the cotton trade, whether buyer or seller.
-The ICA operates on a not-for-profit basis.
