New venue, fresh perspectives

The London Metal Exchange’s new building in Finsbury Square may be less than one mile from Leadenhall Street, but that mile is a bit too far to ask delegates to walk in a biting wind on an April afternoon.  The LME’s courses, run in partnership with Euromoney Learning Solutions, have relocated to a new venue just moments away from the sleek new home of the LME.
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Last week’s course in London enjoyed seeing the new ring for the first time.  Visitors are no longer separated from the ring by glass and it is much easier to follow the trading, plus there is a sense that the traders are watching the visitors almost as much as the visitors are watching the traders.

“Very insightful and detailed course on the LME and the intrinsic workings” JBM International

“Well planned and executed. Great material, excellent trainer” Indometal

There is still time to sign up for the Dubai course (16-18 May 2016) and Sydney (23-25 May 2016).  Click here to secure your place.

Check out Upcoming Courses  for a full list of future dates and course locations.

Springtime in Paris

Being invited to Paris any time is a pleasure, and particularly in spring time.  A double running of a two day course last week gave some time to linger in the lovely parks that are on the brink of bursting into flower.

In the training room, the focus was on hedging to preserve the value of collateral in financing facilities.  Metals were the main commodity sector, with some additional discussions of energy and agricultural commodities.  The unfortunate events in Brussels lent a sombre note to break out and lunch time conversations, and the Eiffel Tower was lit in the Belgian colours as a mark of respect.

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“I fully appreciated the high quality of the trainer”

“Good at simplifying concepts and provided several concrete understandable examples”

“She knows perfectly the subject and able to keep the audience awake!”

Back in Harness

The first LME course for 2016 took place while the LME moved from Leadenhall Street to their new offices in Finsbury Square.  A particularly interesting cross-section of the industry was represented with several membership categories attending, as well as a softs warehouse applying to become an LME registered warehouse, fabricators, consumers and financial players.  Comparably few stayed for the options day which turned into a hands-on interactive tutorial, with lots of real examples priced.

“Really nicely tailored, practical tips, good experience, open to questions – Great!” ING Bank

“Very well informed tutor, covered pertinent topical issues.  Great insight into LME” Koch Supply and Trading

The next LME course will take place in London on 20-22 April 2016, and places are filling fast.  Check out Upcoming Courses  for a full list of future dates and course locations.

LME training goes Down Under

Sydney is the latest city chosen to host the LME introductory training courses this year.  Sydney joins Cape Town, Rome, Chicago, Atlanta and Toronto as new venues for 2016.  These cities underscore the global nature of business transacted via the London Metal Exchange, and we look forward to meeting many of you at these new locations.

There are still a few places available on the London course (27-29 January) and if you are attending Indaba in Cape Town, why not make a full week of it and join us for the new two day training course “London Metal Exchange (LME) Price-Risk Management Training” (11-12 February)?

 

Warm winter sunshine

The last LME course for 2015 took place in warm winter sunshine in Dubai.  A backdrop of elegant high rise towers  and a soundtrack of jazzy Christmas carols did not distract delegates from the course.   The new LME contracts (aluminium premium contracts, steel scrap and rebar) featured for the first time since their November launch and were discussed in depth.   Early departures to catch flights meant the final presentation of certificates was virtually a private GARMCO award ceremony.

“Very efficient … Supports answers with live examples” Napco Group

“Perfect overall!” GARMCO

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The course is due to return to Dubai on 16-18 May 2016 and the next LME course will take place in London on 27-29 January 2016.

Check out Upcoming Courses  for a full list of future courses.

We Want More!

Five days of presentations, workshops, guest speakers and visits to trading floors just weren’t enough for the recent attendees of The London School of Commodity Price Risk Management, with several calls to consider extending the course duration.

“Not enough time” Gas and power trader

The updated agenda was well received, and will continue to shift towards learning via realistic case studies.  The London Metal Exchange visit is always popular, and a particularly exciting nickel kerb session led one energy producer to declare that nickel is now their preferred commodity.

“Very good introduction to commodity markets” Sberbank

“Very well presented material, great examples and patient trainer.  Answered all questions and clearly an expert in her field” Rexam

Check out our Upcoming Courses for 2016 dates.

Turkish Delight

In pale wintery sunshine, overlooking the Bosphorus, a select group took part in the LME courses in Istanbul last week.  The smaller than usual group maximised the opportunity for personal attention, and benefitted from extra practical sessions on using futures contracts to manage price mismatches in physical contracts, and enjoyed an in-depth option pricing tutorial.

“Good detail / informative” Entas Trading

“Excellent. I learnt especially options well thanks to trainer.” Sarkuysan Electrolytic Copper

There is still time to sign up for the Dubai course (13-15 December 2015), and 2016 gets underway with courses in London (27-29 January 2016) and in Cape Town (10-12 February 2016).  Click here to secure your place.

Check out new cities for LME courses in 2016

The London Metal Exchange course dates for 2016 have been confirmed.  Feedback has prompted the addition of four new cities: Cape Town, Chicago, Rome and Toronto.  We expect to announce dates for another USA city in the near future.

The London course tend to have large class sizes and book out quickly.  Why not consider an alternative city and benefit from more individual attention during the course?

Check out Upcoming Courses for the full schedule.

LME Week 2015

The LME training courses were extremely well attended during LME Week, despite the toll the parties, dinners and meetings can take. The introductory day sold out and a lucky group were able to attend an extra session before the rigours of the LME dinner.

Delegates from 14 countries attended, many from Scandinavia and several from as far as South Africa and Ukraine, and we enjoyed the largest turnout for the options session to date.  Again all parts of the metal value chain were represented which added depth when examples were related to specific companies attending.   It was a lively few days, with delegates taking full advantage of time for questions, discussion and debate.

“It really gives you a lot of information about how the LME works”, Brady

“Although the content of the course is very rich and the public attending is wide (almost all the parts of the metal chain), you get the chance to participate asking questions enhancing your understanding.  I really appreciated the patience and accuracy when answering to all questions.” RTE

“Very good to explain so that all is understandable”, Afatek

The next courses are Istanbul (11-13 November 2015) and Dubai (13-15 December 2015).  Click here to secure your place.