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