Commit to a daily one-page risk note

daily one-page commodity risk note a live commodity book with price, basis, freight, credit, or operational exposure that can change within two days Plan: exposure and objective. Do: action taken or held. Check: price, basis, logistics, credit, and ops changes. Act: hedge, resize, escalate, or leave unchanged with trigger. In 2 days, check whether the note changed a hedge, quote, escalation, or no-trade decision. Before the 4:30 p.m. risk call on a cargo with open basis and freight exposure. After a hedge is resized and the residual exposure needs an owner. When a counterparty asks for payment terms that change…

Sign up free — one personalized lesson every day, matched to your role and goals.

Already have an account? Sign in