Module 2: Hedging with Futures & Options

1 day 27 Feb 2018, Singapore Singapore $800.00 Download brochure Add to basket
1 day 8 May 2018, Singapore Singapore $800.00 Download brochure Add to basket
1 day 14 Aug 2018, Singapore Singapore $800.00 Download brochure Add to basket
1 day 27 Nov 2018, Singapore Singapore $800.00 Download brochure Add to basket

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Overview

This course represents module 2 of the LME 2-day Introductory Course (Modular Course)

The LME’s 2-day introductory course is made up of two separately bookable modules:

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 LME swaps
  • Workshops
  • LME Traded Options
  • Hedging examples with options
  • Traded Average Price Options (TAPOs)
  • Workshops
  • Questions and answers

Pre-requisites
Previous knowledge of the LME.

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
Robert Fig
Robert has recently set up his own commodity risk management consultancy. He comes with 38 years of experience in the commodity markets. From post-graduate studies in economics and development studies in South Africa, he moved into mining and agricultural commodity research, then into a base metal marketing capacity at a number of institutions, most notably the Bank of Nova Scotia.

In 2004 working for Mittal Steel and later ArcelorMittal, he set up, centralised and ran a commodity risk management operation for the world’s largest steel producer giving him invaluable experience inside a major industrial institution. Robert has also been consulted by various global, regional and academic institutions on commodity risk management. After joining the London Metal Exchange in 2011 Robert ran over 60 public and bespoke training courses in commodity risk management.

Robert has significant experience in analysing commodity risks in softs, metals, energy, shipping and carbon both in exchange and OTC products. He has delivered training to senior decision makers at major mining, industrial and global institutions across the world helping them to understand best practice in the management of their commodity risks
As a widely considered world leader in this field his career has delved into every area of the commodity markets having worked in research, banking, trading, managing corporate risk, working for an exchange and now adds training to a most interesting career.

Robert continues to provide bespoke training services for the LME and Euromoney in the delivery of LME public training. His simple, inclusive and engaging teaching methods have always garnered great feedback from those he trains.

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.

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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

What you will learn:

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