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Hedging, understanding the benefits of risk management in an enterprise wide solution.  Risk management and hedging is a useful tool to reduce market place liability.  Here are some tips on its uses. Second of a two part article Before discussing the use of hedging to off-set risk, we need to understand the role and the purpose of hedging.  The history of modern futures trading began in Chicago in the early 1800's. Chicago is located at the base of the Great Lakes, close to the farmlands and cattle country of the U.S. Midwest making it a natural center for transportation, di...