Controlling risk helps to safeguard industry
Learning how to control risk was the topic of learning at our recent ‘Managing Risk’ course, which took place last month (28-29 October) in San Francisco, USA.
Nineteen delegates from across the global cotton industry successfully completed the course, which was delivered by industry expert Chris Kramedjian of INTL FCStone.
“Failures of risk management are so often the underlying factor in a contract default,” says Chris. “Providing the Managing Risk training is just one of the many ways the ICA shows its commitment to safeguarding the international cotton industry. Course attendees are equipped with a broad spectrum of tools for recognizing and taking control of their risk, whether producers, merchants, or mills. It was my honour to present the course.”
Developed in response to industry feedback, the one-and-a-half-day course focused 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.
One delegate to benefit from the training said: “The course was excellent and was delivered in a very clean and informative way.”
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