LME 2-day Introductory Course (Modular Course)

2 days 24-25 Aug 2017, Singapore Singapore $1,400.00 Download brochure Add to basket
2 days 16-17 Nov 2017, Singapore Singapore $1,400.00 Download brochure Add to basket

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Overview

Featuring 2 individually bookable modules:

Accelerate your career performance with this two day programme focusing on the London Metal Exchange services

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.

Is this course for you?

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.

Who should attend

Day 1


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 if you are new to the physical trading industry and want to understand the procedures and terminology of physical trading. It would also be suitable if you are from the physical or financial services industries and wish to understand the value that LME services can bring to your physical transactions.

Instructors

We work with a series of expert instructors, please select the course location of interest to review the credentials of who will be delivering the programme.

Singapore
Emma Jenkins New

Course Instructor

The Course Instructor has many years’ experience working in commodity markets, specialising in derivative pricing and structuring, and loan origination. She is currently a director of a consulting business specialising in commodity price risk advisory and related expert witness work. Her clients range from central banks and regulators, large miners, traders and manufacturers, wealth managers, through to small import/export businesses, thereby giving her a unique insight into the issues facing the many market participants. The Course Instructor commenced her banking career in the Goldman Sachs graduate program. At Westpac Banking Corporation she was responsible for the design and implementation of derivative pricing models for the interest rate and FX trading desks. She moved into the commodity arena when she joined Credit Suisse to market complex hedge structures in precious metals and associated financings. She later joined Macquarie Bank as a specialist commodity director, where she provided a complete banking service to clients in the base and precious metals, and oil and gas sectors. The Course Instructor holds a BSc Hons, a gold medal and Foundation Scholarship in Mathematics from Trinity College, Dublin.

Venue

Singapore

4-5 Star Hotel in Singapore

All of our courses are held in 4 – 5 star hotels, chosen for their location, facilities and level of service. You can be assured of a comfortable, convenient learning environment throughout the duration of the course.

Due to the variation in delegate numbers, we will send confirmation of the venue to you approximately 2 weeks before the start of the course. Course fees include training facilities, documentation, lunches and refreshments for the duration of the programme. Delegates are responsible for arranging their own accommodation, however, a list of convenient hotels (many at specially negotiated rates) is available upon registration.

Related Courses

Inhouse


 

Do you have five or more people interested in attending this course? Do you want to tailor it to meet your company's exact requirements? If you'd like to do either of these, we can bring this course to your company's office. You could even save up to 50% on the cost of sending delegates to a public course.

To find out more about running this course in-house:





Our Tailored Learning Offering

If you want to run this course at a location convenient to you or if you want a completely customised learning solution, we can help.

We produce learning solutions that are completely unique to your business. We'll guide you through the whole process, from the initial consultancy to evaluating the success of the full learning experience. Our learning specialists ensure you get the maximum return on your training investment.

inhouse-learn-more

We can offer any of our public courses delivered at your office or we can devise completely tailored solutions:


Read more about our offering or complete a call back request to speak to a learning specialist.

 

Agenda

Day 1


Introduction to the LME

This course offers you a solid introduction to the services provided by the London Metal Exchange. It provides an overview of operations, structure, products, trading terminology and procedures.

Is this course for you?

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.

What will you learn

  • Become familiar with the LME’s prompt date structure and trading procedures
  • Gain a full understanding of the LME’s market terminology
  • Understand the benefits of the delivery process used by the LME
  • Gain an understanding of the benefits of clearing and the role of LME Clear
  • Learn how to access the LME through member firms and the role of a broker


Benefits for you

This course 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.

Benefits for your organisation

Organisations will benefit from employees who have a clear understanding of how the LME operates and how its core services of pricing, hedging and delivery can benefit the company.

Programme

  • History, organisation and services of the LME
  • Market terminology of the LME
  • LME prices quiz
  • Carries
  • Warehousing and fundamentals of delivery
  • Trading at the LME
  • Clearing
  • Role of the broker
  • Regulation of the LME

Related courses

  • Hedging on the LME with Futures & Options


Pre-requisites

None

Day 2


Hedging on the LME with Futures & Options

This course aims to provide a thorough understanding 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.

What will you learn

  • Learn how effective price risk management can be achieved with LME contracts
  • Understand the benefits of hedging with futures
  • Develop a knowledge of option hedging strategies and their outcomes
  • Work through interactive workshops on hedging futures & options.

Benefits for you

This course is ideal for delegates with little or no knowledge of non-ferrous metals futures and metals options and the management of price risk on the LME. It is aimed at miners, producers, smelters, refiners and recyclers; brokers, bankers, financiers, treasurers, CFOs, controllers and financial risk advisors; traders and merchants; fabricators and end users.

Benefits for your organisation

Organisations can benefit from having employees who fully understand how to use futures and traded options as part of a price risk management programme.

Programme

  • Review of LME contracts and prompt date structure
  • Price risk management – what is it?
  • What is hedging?
  • Hedging examples with futures
  • Hedging examples with LMEswaps
  • Workshops
  • LME Traded Options
  • Hedging examples with options
  • Traded Average Price Options (TAPOs)
  • Workshops
  • Questions and answers

Related courses

Pre-requisites

Previous knowledge of the LME.

 

 

Why us


We have a combined experience of over 60 years providing learning solutions to the world’s major organisations and are privileged to have contributed to their success. We view our clients as partners and focus on understanding the needs of each organisation we work with to tailor learning solutions to specific requirements.

We are proud of our record of customer satisfaction. Here is why you should choose us to help you achieve your goals and accelerate your career:

  • Quality – our clients consistently rate our performance ‘excellent’ or ‘outstanding’. Our average overall score awarded to us by our clients is nine out of ten.
  • Track record – we have delivered training solutions for 95% of worlds’ top 100 banks and have trained over 250,000 professionals.
  • Knowledge – our 150 strong team of industry specialist trainers are world leading financial leaders and commentators, ensuring our knowledge base is second to none.
  • Reliability – if we promise it, we deliver it. We have delivered over 20,000 events both in person and online, using simultaneous translation to delegates from over 180 countries.
  • Recognition – we are accredited by the British Accreditation Council and the CPD Certification Service. In an independent review by Feefo we scored 96% on service and 95% on product