RMI Press Releases
RMI and CME Group to Host Seminars on Managing Diesel Fuel Risk in Chicago and Atlanta
CHICAGO, IL - September 4, 2008 - Risk Management Incorporated (RMI) and CME Group are joining together to host two free seminars this September to educate large diesel users on how to hedge their fuel costs.
Alex Siff, Marketing Director for NYMEX products, will introduce the newly launched EIA On-Highway Diesel ClearPort® Swap Contract and the heating oil contacts that are typically used in the hedging strategies.
RMI Principal, John Snell, will provide a detailed synopsis of these hedging tool contracts and explain how to use them in the development of structured, quantitative purchasing strategies to manage onhighway diesel and fuel transportation surcharges. Example strategies will be presented as well as current industry trends.
The free seminars will be held on September 18 in Chicago, Illinois, and on September 22 in Atlanta, Georgia. To register, contact Alex Siff at alexandra.siff@cmegroup.com or call (212).299.2368.
CME Group (www.cmegroup.com) is the world's largest and most diverse derivatives exchange. Building on the heritage of CME, CBOT and NYMEX, CME Group serves the risk management needs of customers around the globe. As an international marketplace, CME Group brings buyers and sellers together on the CME Globex electronic trading platform and on trading floors in Chicago and New York. CME Group offers the widest range of benchmark products available across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, and alternative investment products such as weather and real estate.
RMI (www.riskmgmt.net) has over 20 years of practical experience advising public utilities and commercial companies on managing energy commodity exposure and is a leader in energy risk management consulting and brokerage. For more information on our software tools, visit www.rmienergy.com.
The information to be provided in the seminars is intended for purposes of information and education only and is not guaranteed by CME Group Inc. or any of its subsidiaries as to accuracy, completeness, nor any trading result and does not constitute trading advice or constitute a solicitation of the purchase or sale of any futures or options. The CME Rulebook, CBOT Rulebook and/or NYMEX Rulebook should be consulted as the authoritative source on all current contract specifications.