2017 got off to a great start with full complement of attendees at the first of the London Metal Exchange courses, delivered in partnership with Euromoney Learning Solutions.

As always, there was broad participation from right across the metals industry, complemented by financial firms, and service companies.  The growing trading in LME steel products was reflected by a high proportion of delegates from the steel industry, and the eagerly anticipated June launch of LMEprecious attracted two precious metals companies.

Booking has opened for 2017 London Metal Exchange courses run in conjunction with Euromoney Learning Solutions.  There are four London courses this year, as well as dates in Dubai and New York:

London: February, May, September and November*
New York: June
Dubai: March and December

The course gives a thorough overview of the workings of the LME and how to use both futures and options.

“Very informative and comprehensive course on the features of the LME and futures and options hedging. Very clear explanations, good pacing and all questions clearly answered”
ThyssenKrupp

“Very good, wide coverage that encapsulates a lot of detail on how the LME works and how customers will want to trade” Mitsui Bussan Commodities

“The course develops nicely and is easy to follow – very well structured” JOGMEC

Check out Upcoming Courses for exact dates and the link to register.

*The LME Week course is the most popular course so book early to ensure your place

It was a full week at “The London School of Commodity Price Risk Management” last week.  The attendees were evenly split between energy and soft commodities and we gained many interesting insights into the physical coffee and cocoa markets. Several specific queries turned into ad-hoc workshops and case studies, such as using exchange for physical for pricing coffee contracts and dealing with refinery distillate off-take agreements with varying volumes and price floors.

“Very well scheduled, inclusive, personal” Integral Petroleum

Keep an eye on our schedule as 2017 dates are about to be announced.

That quote is often attributed to either Oscar Wilde or George Bernard Shaw, and we certainly saw some of that division during the London Metal Exchange courses in New York last week.   Is it “a-loo-min-um” or “al-yoo-min-ee-um”?  We had a bit of fun trying out each other’s pronunciation of that metal in between the more serious aspects of learning about futures and options.

“Very well run.  Trainer very willing to take questions and tailor to class” PMC Organometallix

“Very thorough, very informative” Schupan & Sons

The last course for 2017 will be held in Dubai on 13-15 December.  There are still a few places remaining.  Check out Upcoming Courses for the link to register.

Strong bookings for the LME week courses, run in partnership with Euromoney Learning Solutions, meant we ran an extra introductory day to cater for the numbers.  We enjoyed an excellent cross-section of participants from right across the value chain, from a large international diversified metal miner to chocolate companies buying aluminium products for  individual chocolate wrappers.

It was a demanding, dynamic group which peppered proceedings with questions.  Somehow we managed to cover the course materials and cater for many interesting deviations.

“A good insight to how the LME works – and how people use it” Danfoss

“Good balance of sticking to agenda and allowing questions” Trafigura

“Information is precise, well-structured, well explained”, MBR Metals

A two-day version of the course is running in New York next week and it’s not too late to register.  The last course of the year will take place in Dubai (13-15 December).  And keep an eye on the Upcoming Courses for 2017 which are due for release soon.

Euromoney Learning Solutions, the LME’s training partner, have found the perfect venue nestled in the back streets of the City, just steps away from the exchange’s building on Finsbury Square.  The LME had been operating out of their business continuity locations for several weeks due to an issue with their headquarters.  Just the day before the course opened, we were delighted to hear that the ring had relocated back to Finsbury Square and we could view the live trading during the course.  Attending the afternoon kerb trading session is always a highlight of the London courses.

“Very good, wide coverage that encapsulates a lot of detail on how the LME works and how customers will want to trade” Mitsui Bussan Commodities

“Really informative, working through examples was very helpful” Marex Spectron

“Extremely polite and helpful trainer, goes the extra mile to make sure students/attendees understand and extract the best value” Arabian Khozam Holding

The course will return to London during LME week, and will also run in New York and Dubai. Check out Upcoming Courses for the full schedule.

“The course was very balanced and complete”

“Concrete, interesting and practical”

“Well structured and very well built explanations and presentation”

“I needed to understand the world of commodities and the course it has been fantastic for that”

The course will return to Dubai on 13-15 December.  If you do not want to wait until then, the next courses are in Chicago (15-17 June) and London (27 June).  Check out Upcoming Courses for the full schedule.

Strong numbers on the London Metal Exchange’s April running of it’s introductory courses have prompted the addition of an extra course in London this summer (27-29 June 2016).

The London courses include the a visit to the exchange’s open outcry trading floor.  The recently redesigned viewing facilities mean attendees experience the immediacy, urgency and expertise of the traders at close quarters.

The London courses tend to fill up quickly so do click here to secure your place.