ICA is launching a new training initiative to help ‘Manage Risk in a Volatile World’. The new training initiative from the International Cotton Association (ICA) will be launched this summer in Festival City, Dubai from 29th - 30th August 2012. Developed in response to industry feedback, this one-and-a-half-day course will be delivered by industry expert, Mr 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, Mr Peter Egli explains: “I believe that the volatility we have seen in the cotton market since 2008 is here to stay and will probably become even more pronounced over the coming years. In order to survive in such an environment, the cotton community needs to gain a better understanding of the risks they are dealing with and how to mitigate them with the help of Futures and Options strategies.” The training incorporates five modules: 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 the course modules. Full details, including an application form, can be found at www.ica-ltd.org.