SIGMA Masters Series

SIGMA 2008 Spring Convention

SIGMA MASTERS PROGRAM : COURSE OUTLINE

SIGMA Masters Series

Sponsored by
Transmontaigne

Effective Hedging Strategies - 5/17 & 18/08

Synopsis: This course is designed to provide the attendee with practical knowledge of all of the steps necessary to implement a successful hedging and risk management program.  Attendees will learn how to manage price risk on pipeline barrels, protect retail margins, explore ways to buy and sell physical forward contracts, discover customizable business strategies, in-depth options coverage, and plan for future capital needs of hedging.  This course will include actual analytical work as well as lecture by instructors.

Instructors: James M. Burr and John R. Gretzinger of FCStone bring over 35 years of experience in commodity risk management will present this course.

Instructor Note: Jim - Day One; John - Day Two

Saturday, May 17, 2008:                       

  1. Basics of Futures Markets
  2. Basis & Spreads
    1. Definition & Terminology
    2. Basis & the Regional Market

  3. OTC Swap Markets
  4. Hedging with Futures & Swaps

Saturday, May 18, 2008

  1. Basics of Options
    1. Definition & Terminology
    2. Options Pricing
    3. Option Greek

  2. Option Strategies
    1. Incorporating Options into Hedging Programs

  3. Bonus Discussion and Analysis of Index Pricing (OPIS, Platts, Argus)

spacer
masters series
SIGMA Goals & Benefits


Home Page | About SIGMA | SIGMA Meetings | Membership

Search SIGMA.org

SIGMA's Mission: To benefit our members by helping them improve their ability to succeed
in a free and fully competitive market for transportation fuels.


Society of Independent Gasoline Marketers of America
11495 Sunset Hills Road, Suite 215 , Reston, VA 20190-5213
Phone: 703.709.7000 | Fax: 703-709-7007 | Email: sigma@sigma.org
Copyright © 2008 by the Society of Independent Gasoline Marketers of America
All Rights Reserved - Terms and Conditions of Use ~ Anti-Trust Statement

If you experience any technical problems, please contact the SIGMA Webmaster