Euromoney Learning Solutions

Introduction to the London Metal Exchange and Hedging: two Days (Singapore Only)

Available dates

Feb 25—26, 2020
2 days
Singapore
USD 1470
USD 735 per day
May 18—19, 2020
2 days
Singapore
USD 1470
USD 735 per day
Aug 17—18, 2020
2 days
Singapore
USD 1470
USD 735 per day
+2 more options

Disclaimer

Coursalytics is an independent platform to find, compare, and book executive courses. Coursalytics is not endorsed by, sponsored by, or otherwise affiliated with Euromoney Learning Solutions.

Full disclaimer.

About the course

This course demonstrates how the LME's services can improve your approach to Price Risk Management

The Introduction to the London Metal Exchange and Hedging: Two Days (Singapore only) will provide you with an understanding of the key services provided by the LME and demonstrate how these services can improve your organisation’s approach to price risk management. Both theoretical and practical skills developed at this course can be applied easily in the workplace.

It provides an overview of operations, structure, products, trading terminology and procedures. The course will also enhance your knowledge of the basics of hedging with futures and options, covering the market terminology, pricing, trading strategies and margining of LME contracts. Topics include how to lock-in future selling and purchasing prices, causes and management of price volatility as well as different hedging strategies.

This course is made up of two separately bookable modules:

  • Day 1: Introduction to the London Metal Exchange: One Day
  • Day 2: Hedging with LME Futures and Options: One Day (Singapore Only)

Agenda

Day 1

Introduction to the LME

This course is suitable for you if you have little or no knowledge of the London Metal Exchange’s operations and want to learn how these services can add value to your business.

Day 2

This course is suitable for you if you want to know more about metals futures and options contracts and the management of price risk on the LME. It is advised that you take ‘Introduction to the LME’ before attending this course to fully benefit from this session.

Agenda

Day 1

Introduction to the LME

  • History, organisation and primary services of the LME
  • Pricing methodology
  • Introduction to hedging
  • Prompt date structure and other LME terminology
  • LME contracts
  • Warehousing and fundamentals of delivery
  • Trading at the LME
  • Understanding the role of an LME broker/dealer
  • Clearing and LME Clear
  • Regulation of the LME

Day 2

Hedging with Futures and Options

  • Basic concepts, uses and benefits of hedging with futures
  • Basic hedging examples
  • Contango and backwardation
  • Setting up a hedging team
  • Hedging with Monthly Average Futures
  • Basic concepts, uses and benefits of hedging with options
  • Options terminology
  • Risk implications and motives
  • Options pricing models
  • TAPOs
  • Selling an option

Who should attend

This course is suitable for you if you have little or no knowledge of the London Metal Exchange’s operations and want to learn how these services can add value to your business.

Trust the experts

Robert Fig

Robert is among the world’s most highly recognized commodity risk management educators and a long-time consultant to global industry. His unique insight and wisdom have been developed through 38 years of accumulated experience with base and ferrous metals, energy, soft commodities, shipping and c...

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Course reviews

Downloadable materials

Available dates

Feb 25—26, 2020
2 days
Singapore
USD 1470
USD 735 per day
May 18—19, 2020
2 days
Singapore
USD 1470
USD 735 per day
Aug 17—18, 2020
2 days
Singapore
USD 1470
USD 735 per day
+2 more options

Disclaimer

Coursalytics is an independent platform to find, compare, and book executive courses. Coursalytics is not endorsed by, sponsored by, or otherwise affiliated with Euromoney Learning Solutions.

Full disclaimer.