Category Archives: Training

EUROMONEY10

It’s not often a training course has its own catchphrase, but that was exactly what happened during last week’s London Metal Exchange / Euromoney Learning courses.  It started when a broker offered a discount on all broking fees to course attendees provided they entered the discount code EUROMONEY10 when opening an account.  The code became a running joke, and the discount was demanded on everything from warehouse rents, to smelting charges and physical premiums.  Courses run best when there is fun in the room alongside the formal learning.

“Excellent course, especially for those with little LME knowledge“

“The visit to the LME to view the ring trading was an invaluable experience”

“Thoroughly enjoyable and highly recommended”

The next classroom courses are scheduled for 16-17 May in Singapore and 11-14 July in London.  The courses will also be delivered virtually in half-day sessions over 5-9 June.  Registration links can be found on the Upcoming Courses page.

Follow the gold

This week’s London Bullion Market Association (“LBMA”) training courses were hosted at the LBMA’s offices, which meant networking and learning could be combined.  Attendees had fun passing a fake gold bar and bank notes back and forth across the boardroom table to demonstrate how metal and payments move between market participants.  The responsible sourcing afternoon took advantage of the smaller group to delve deeper during discussion sessions, teasing out practical ways of applying the guidance.

“Incredibly useful and enlightening”

“A course which was at no time boring and involved every participant actively”

“Complicated market dynamics explained in a clear way, and learning reinforced through a practical workshop.  Learned a lot. Thank you!”

The next Loco London courses will run on 23 & 24 May, and Responsible Sourcing will return on 23 June.  All details can be found via the links on Upcoming Courses.

 

Back at the Ring

Last week’s London Metal Exchange / Euromoney Learning training courses included a visit to the Ring for first time since the outbreak of Covid. Watching the five minute sessions for the different metals brought the theory discussed in the classroom to life.  Liquidity differences between metals and the increased engagement as the time ticked down to the final bells were clearly visible.

“It was great to be able to go to the Ring to see it live”

“Well organized and focused”

“It’s helped massively – I’ve learned a whole lot”

The next classroom courses are scheduled for 18-21 April in London and a virtual session will be offered 5-9 June.  Registration links can be found on the Upcoming Courses page.

 

Off and running

The London Metal Exchange‘s training year got off to a flying start today with a dozen attendees on the first course of the year: Introduction to LME Cash-Settled Futures.  This three-hour virtual session delivers a concise overview of the contracts, combined with illustrative examples applying the contracts to real life situations.

“Explanations were clear and effective”

“It was really helpful to see these principles put into practice through exercises”

Will you be appearing in a group shot this year?  Keep an eye on Upcoming Courses for a full list of course dates in 2023.

Is this Dave?

Dave, the cat adopted by the England football team in Qatar (or Cat-ar), has spare time while in quarantine en route to the UK.  Did he join in the most recent London Metal Exchange / Euromoney Learning training course?  Dave didn’t fill out a feedback form, but this is what others thought about the courses:

“A tailormade made course that was well presented, motivating learners to put the knowledge to use”

“The course content and materials are awesome!”

“The course is truly value adding”

The 2023 calendar is almost finalised.  Check out Upcoming Courses to find a date and location that suits you.

We listen, we change

Last week’s London Bullion Market Association (“LBMA”) training courses incorporated changes in response to feedback received about prior courses. In particular, the pace and depth of topic treatment in the follow-on course “How to use loco London” was stepped up to push further beyond the level of “Introduction to loco London”. The positive reaction from the attendees means these changes will be made permanent for future courses.

“a great course to broaden and challenge existing knowledge and dive into some of the more nuanced points”

“understandable 100% from the perspective of a person for whom English is not the first language”

Classroom and virtual dates for 2023 are available for booking via links on our Upcoming Courses page. Why not make 2023 the year you invest in increasing your knowledge of bullion markets?

A hectic LME Week

LME Week is always hectic and it certainly was at the London Metal Exchange / Euromoney Learning courses.  The first in-person courses since the onset of the pandemic sold-out and parallel sessions were added to accommodate extra registrations.  There was a sense of delight at being back in a room together, and lots of interesting side discussions took place in the breaks.

“This has given me confidence to give recommendations within my company”

“Now I have a clear view on hedging so I can take decisions knowing what I am doing”

“The trainer is very knowledgeable and approachable”

The final course for the year will take place virtually in New York hours on 6-8 December.  The 2023 course schedule is being finalised and will offer a mixture of classroom and virtual sessions across locations.  Check out Upcoming Courses for the latest details.

Sourcing Responsibly

Last week saw the launch of the London Bullion Market Association’s (LBMA) latest course – An Introduction to LBMA Responsible Sourcing.

Registrations flooded in from the moment the course date went live, and demand led to a virtual session being held in the afternoon for those who could not attend the in-person morning course.

Attendees from across the supply chain were joined by exchanges, regulators, vault providers, physical traders and research agencies.  Group discussions benefitted from Good Delivery Refiners sharing their practical insights from implementing the LBMA programme and lessons learned from other industries such as cocoa and fast-food chains.

“An excellent course on responsible sourcing”

“A good format with a mixture of presentation/audience questions/group exercises.”

“Good technical content. Super networking opportunity and enthusiastic participants.”

“I left with very detailed knowledge and resonating content.”

Dates for future courses are being finalized and will be available for booking via Upcoming Courses soon.

A Week of Firsts

Last week saw a series of exciting firsts for the London Bullion Market Association (“LBMA”) training courses.

  • The FIRST Asian time zone course covering the loco London market attracted attendees from Australia, Japan, South Korea and Singapore.
  • There was frisson of excitement at the FIRST in-person course since the pandemic and all enjoyed the ease of face-to-face engagement.
  • The FIRST course covering the LBMA’s responsible sourcing programme sold out prompting the addition of a second session in the afternoon.

The next loco London courses will take place on 17 & 18 November, and a date for responsible sourcing will be finalised shortly.  Follow this link to secure your place.

Right time, right course

Last week saw the return of Euromoney Learning’s Commodity Derivatives course after a two-year hiatus.  The marked increase in commodity price volatility due to Covid, supply chain disruptions and the Ukraine-Russia situation makes this a timely topic to revisit.

The course has been redesigned to combine the best aspects of classroom and virtual delivery.  Last week, half the attendees were in classroom and the remainder joined remotely.  The hybrid delivery had the advantage of one attendee being able to continue to attend the course virtually when too unwell to be there in person.

“Enjoyed the interaction between the class room and the virtual team”

“Very good instructor with wide info, flexible and fully aware of the subject area”

This course is next scheduled for 21-23 November and you can secure your place here.