Risk Management 101                                                Download the Training Guide
Course Outline

A. General Overview
     • Difference between Physical & Paper Markets
     • Terminology

B. How NYMEX Futures Contracts Work
     • Gas and Electric Contracts Backgrounds
     • Margins
     • What Clearing Means
     • How to Settle

C. Basic Hedging Strategies
     • Participants
     • Examples of Hedging

D. Options
     • Defining Options
     • How Options Work

E. Basis
     • Definition and How It Works

F. Swaps
     • Definition and How They Work

G. Derivatives
     • Definition and How They Work

Instructor:  Peter Weigand