01/23/2006
The New York Mercantile Exchange and the Energy Management Institute provide the highest quality education and training to promote market awareness through courses in hedging and trading utilizing futures and options contracts. The courses will help market participants, including producers, suppliers, distributors, end-users and investors, to more efficiently utilize the Exchange to trade and hedge their price risks.
"The Exchange's partnership with Energy Management Institute has produced highly successful educational programs in the U.S. among energy and metals market professionals. Expanding this same high-quality training to the European community is a natural next step for the Exchange and EMI," said NYMEX Europe Chairman Roy Leighton. "These new programs exemplify our commitment to helping global market participants meet the challenges of today's unpredictable and competitive world markets."
"We're very excited by the opportunity to strengthen our alliance with the Exchange and to expand our educational programs to the European community," said Dominick Chirichella, partner at EMI. "Relevant expert training has never been more important to those seeking success in the world's increasingly volatile energy and metals markets. Our new Europe-based courses now put this critical training in reach of the global community."
The NYMEX-sponsored EMI courses will be held in London and Geneva. The programs will focus on risk management and its impact on trading and hedging strategies and, ultimately, profit in the energy and metals markets. Courses scheduled for 2006 currently include:
- Futures, Options & Derivatives, 28 & 29 March, NYMEX London
- Geopolitics of Energy, 8 & 9 May, Geneva
- Energy Risk Management, 15 & 16 June, NYMEX London
- Technical Analysis of Energy & Metals, 19 & 20 June, NYMEX London
- Product Trading & Arbitrage, 20 & 21 June, NYMEX London
- Crude Trading Supply & Arb Urals, 21 & 22 September, NYMEX London
- Fundamentals of Refining, 25 & 26 September, NYMEX London
New York-based EMI (www.energyinstitution.org) provides specialized education services to major oil companies, utilities, Fortune 500 end-users and top transportation fleets throughout the world. As a division of Advanced Energy Commerce, it also provides critical business information services and thought leadership in the energy segments of Oil, Gas and Power.
The New York Mercantile Exchange is the largest physical commodity exchange in the world, offering futures and options trading in energy and metals contracts and clearing services for off–exchange energy transactions. Through a combination of open outcry floor trading and NYMEX ACCESS® and NYMEX ClearPort® electronic trading platforms, a wide range of crude oil, petroleum products, natural gas, coal, electricity, gold, silver, copper, aluminum, and platinum group metals markets are available virtually 24 hours each day.