Two workshops will be held during the annual international conference “Oil and Gas Markets of Eastern and Central Europe”, which will be held on April 8-10 in Minsk. The event will bring together over 100 delegates from more than 20 countries. 

April 8. HEDGING OF EXPORT TRANSACTIONS: PRICE RISK MANAGEMENT. Oleg Girko, Senior Vice-President, R.J. O’Brien. More than 15 years experience as Derivatives Broker acquired in J.P.Morgan, Unicredit Markets and Investment Banking, BBSP, Market Securities (A Kyte Group Company) and other companies. 

The master class highlights: 
• Hedging and its principles. Hedging instruments 
• Different risk management scenarios – with or without hedging 
• How much does hedging cost in practice? 
• Strategies for hedging crude oil, dirty and clean refined products 
• Criteria for choosing a trading broker 
• Practical steps for organizing a hedging system in your company 

April 9. EFFICIENT DEALING WITH BANKS IN TRADING OF CRUDE OIL AND REFINED PRODUCTS. Georgi Slavov, Head of Research, Marex Spectron. Georgi joined Marex Spectron in January 2014 as a Head of the Basic Resources Research Group. His team is responsible for the research & analysis of all key energy, basic materials & industrial transportation markets. Prior to that he was Head of Freight Markets Research in ICAP. Georgi has published books on derivatives markets, statistical arbitrage and technical analysis. He is also a Fellow of the ICS in London. 

The master class highlights: 

• Current political and regulatory environment. Position of regulators and banks in various jurisdictions in relation to trade transactions, registration jurisdictions and company activities 
• Economics of banking services. The steps taken by banks to preserve and increase earnings against regulatory restrictions 
• Choosing the right bank for trading 
• The procedure for opening trading accounts in banks of the CIS, Europe and remote foreign jurisdictions 
• What to expect from the compliance department? 
• Preparing a credit line for trade finance: necessary and sufficient conditions. Calculation of rates 
• Calculation of rates 
• Using the bank as a guarantor in a trade transaction. Standby and documentary letters of credit 

For more information please contact: 
George Pirchalaishvili
, georgep@ccapital.co.uk +44 208 349 1999

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