And the winner is …..

When you know you are not in the running for the “Deal of the Year”, you can always go for the “Best Dressed”…..

Our Managing Director was shocked to be picked out as the winner at the recent TXF conference on global commodity finance in Amsterdam. It’s just as well the guitar was inflatable as she really can’t play.  The flower power theme made for a great atmosphere over the few days.   

Got a spare 30 minutes?

We had a great response to our first webinar run in partnership with the London Metal Exchange and Euromoney.  The webinar gave a brief overview of basic risk concepts and how risk could be addressed using futures and options.  Live feedback from the participants who already use LME instruments told us that 43% were only using futures while the remaining 57% were combining options with futures in their risk management strategies.

Visit our webinar page to find links to listen again and to register for the next webinar on 25 June which will discuss hedging with futures in more detail.

“Basic principles well explained and questions were answered confidently”, Retired LME broker

Sell in May and go away

Does that saying hold true for commodities?  Euromoney’s Commodities Derivatives course explored investment strategies and risk management techniques this week.  Discussions ranged from geopolitics in energy markets, factors affecting your daily cappuccino and the impact of technology innovations.

“Nice structure (agenda). Useful content.  Professional trainer – able to explain in a simple structured way” ABN AMRO Bank

“Perfect for a derivative overview”,
Al Qaryan Group

“Enlightening.  It shed more light on all the grey areas regarding the subject matter.  Fantastic trainer.” Sterling Bank

 

This course will also be held in Singapore (15-17 October) and London (25-27 November).

Click here for more information and to register.

 

Toronto Teach-in

A huge thank you goes to Eugene Lee of Hudbay Minerals for coordinating a series of London Metal Exchange courses in Toronto last week. Instead of travelling to attend a public course, Eugene worked with the LME to devise a course customised to the needs of metal and concentrate sellers and hosted the courses in partnership with other producers. Representatives from four companies attended, and familiar faces from other LME training courses also attended the networking event. It was an intense few days, but feedback has been great.

“The course was great and Emma’s enthusiasm for the industry and subject was engaging. I learned a lot during the three days and will be taking back this knowledge to my workplace.”
Senior accountant

New products, new materials

To complement the launch of the latest cash-settled futures last month, the LME refreshed the introductory training courses. This week’s course attendees were the guinea pigs for the revised content.  Judging by the conversations during breaks and the formal course feedback, the materials were well received.  Inevitably one or two typos had been missed – one in particular gave rise to much hilarity – and these will be addressed for future courses.

“I found the examples very useful”
Louis Dreyfus Company

“Very good training. Lots of (new) information.”
Autoliv

“Very interesting, very clear.  Worth the money!”
Fundinio

Check out Upcoming Courses for a full schedule for 2019 and links to secure your place.  The next London course is 5-7 June 2019 and dates are available for New York and Dubai later in the year.

 

 

Off to a great start

2019 has started strongly for the LME introductory training courses. This week’s course was well attended with over 27 participants representing 21 companies from 9 countries joining us over the three days.  Almost half attended the full three days, with the others choosing the individual days that suited their needs best or returning to tackle futures and/or options after completing the introductory day previously.

“Very informative, learned a lot”, ABN AMRO

 “Trainer has great knowledge about subject, excellent!”, Vale

“Extremely knowledgeable trainer and able to succinctly answer every question.  Also very engaging making it amongst the best exchange courses” ICBC Standard Bank

Check out Upcoming Courses for a full schedule for 2019 and links to secure your place.  The next London course is 3-5 April 2019 and dates are available for New York and Dubai later in the year.

Commodity Derivatives 2019 course dates available

2019 dates for Euromoney’s three-day Commodity Derivatives course are available for booking.

The popular five-day London School of Commodities has been condensed into a concise, jam-packed three days for those who cannot spare an entire week away from the office.  The course retains the broad commodity sector coverage while also allowing time for workshops and a visit to watch an open outcry trading session at the London Metal Exchange, which makes the classroom theory come alive.  The shortened course was well received in November:

“Course was very useful.  Well-structured programme with excellent course teacher” 
Royal Jordanian Airlines

Come join us in:
London, 13-15 May 2019
Singapore, 15-17 October 2019
London, 25-27 November 2019

Click here to view the full course agenda and to book your place.

Seasonal Sparkles

The last LME introductory training course of the year took place in New York last week.  We enjoyed a top class location on Fifth Avenue close to the twinkling Christmas lights of the Bryant Park Christmas market.  It was a relatively small group, with a good cross-section of market sectors, which allowed for plenty of individual attention and exploration of topics outside the core course.

 “One of the best classes every attended”, Hartree Partners

Check out Upcoming Courses for a full schedule for 2019 and links to secure your place.  The first London course is 28-30 January 2019 and we return to New York on 16-18 July.

 

2019 LME course dates released

Check out Upcoming Courses for a full schedule for 2019 and links to secure your place.  The London courses were all sold out in 2018, so book early to make sure you get your preferred dates.  The first London course is 28-30 January 2019.  Other course locations include New York, Dubai and Singapore.

The courses continue to get great feedback:

“Very clear, informative and well presented. Ample opportunities for questions and practical demonstration”, Mitsubishi Corporation

“Everything was explained and presented brilliantly”
Marex Spectron

And don’t forget that the last course of the year is in New York (11-13 December).  Anyone for some Christmas shopping in the Big Apple?

Full house

LME Week is always busy, but this surpassed expectations.  Demand for the LME introductory training courses was so large that parallel sessions were run for both the Introduction and the Futures days.  All of the London courses have sold out this year.

As usual, attendees came from all parts of the supply chain, from miners to recyclers, and trade financiers to Category 1 members.  Each brought their own experiences to the wider group, and we particularly enjoyed hearing what happens behind the scenes on the first Wednesday of the month when LME options are being declared.

“Course provides a good overview of the basics, LME market terminology and the two main types of hedging instruments.”
GF Financial Markets

“Very professional way of training.  Contents presented in a very understandable way, giving a lot of examples.”
Aurubis

“Dynamic class.  Good group mix”
IXM

The final course of the year will be in New York (11-13 December).  2019 dates are being finalised and will be available for booking shortly.  Check out Upcoming Courses for a full schedule and links to secure your place.