Author Archives: Emma Jenkins

These shoes are made for walking

With ever more cranes invading the City of London, the regular venues for the London Metal Exchange / Euromoney Learning courses are sadly being redeveloped.  The table football and pick’n’mix were popular at the new venue. However, being a little further from the exchange, all were thankful it was a dry day when walking over to watch the ring trading.  It was a good way to fit in a few extra steps.

“Good foundation for base metals”

“Significantly improved my knowledge and filled in gaps I had”

“Excellent trainer really put across material clearly”

“Made a positive and impactful difference”

The next in-person courses take place during LME Week (13-17 October) and, for those who cannot travel, virtual courses are available later in the year. Check out the full course listing.

A first introduction

The London Metal Exchange‘s (“LME”) cash-settled futures course is primarily designed for those with exposure to steel, cobalt and lithium prices. That said, this week’s session was attended by several with exposures to aluminium and copper, which are typically managed using the LME’s physically settled futures.

Was it a waste of their time? Absolutely not. This three-hour session is a useful primer for anybody new to managing metal price risk. It delivers an understanding of risk terminology and gives examples of how futures can manage price risk.

So, whether you have a steel exposure or are simply new to metal hedging, this is well worth attending. The next course is scheduled for 23 September. Click here to book your place.

Double Double

For the second time this year, the London Bullion Market Association (“LBMA”) ran a double bill of courses last week.  The introductory course on the loco London market was spread over two consecutive afternoon sessions, with a morning session covering LBMA Responsible Sourcing.

“The course was very in-depth but was explained really well and was not rushed.”

“It was a valuable and enriching experience”

“The course is well-articulated for diversified section of audience.”

“Especially enjoyed the case studies which helped tremendously with understanding the concepts”

“I like how it was split over two parts as would have been too long as one day.”

For those keen to deepen their understanding of the loco London market, a follow-on course “How to Use loco London” is scheduled for the mornings of 17 &18 June.

“Introduction to loco London” returns to the LBMA office on 1 October, offering an opportunity to meet and network with fellow attendees and LBMA staff.

And finally, “Introduction to Responsible Sourcing” is next scheduled for the afternoon of 2 October.

Click here for full details and links to book your place.

Double bill

The London Bullion Market Association (“LBMA”) kicked off the 2025 training year with a double bill last month.  The introductory course on the loco London market was spread over two consecutive morning sessions, followed by an afternoon session covering LBMA Responsible Sourcing on the second day of the loco London course.

Good, clear content. Good pace. Opportunity to engage”

“I really liked the interactive workshops as it allowed me to check my understanding and apply what I learned”

“the course was exactly what I needed”

The double bill will be returning on 13-14 May, with loco London in the afternoons, and responsible sourcing in the morning of the 14th.  Click here for full details and links to book your place.

Finishing on a high note

Last week’s London Metal Exchange / Euromoney courses finished the year on a high. The sold-out sessions were lively, with lots of questions and discussions and the week simply flew by.
“this has made a huge difference”

“I really appreciated the practical examples also the opportunities to raise questions as we went along and during breaks”

“everything explained very well and understandable in a friendly and communicative way”

“Definitely a good overview of LME and hedging … this training also offers tools for more advanced work”

The 2025 calendar is available for booking. Book early to avoid missing your preferred dates. And do get in touch if you do not see a combination of topic, date and delivery format that suits you.

All gone

Last week’s London Bullion Market Association (“LBMA”) course on LBMA Responsible Sourcing was the third sell-out session in a row.  The last few places were snapped up quicker than freshly baked cakes straight from the oven.

It is encouraging to see engagement right across the supply chain as evidenced by the diverse backgrounds of the attendees.  In addition to the regular cohort of refiners, there were central banks, jewellers, physical traders, universities and responsible sourcing experts from other industries in attendance.  We all learned from the different experiences shared during the workshop and discussion sessions.

“Very good topic discussions. Very interactive.”

“The trainer’s energy kept me engaged throughout the training session.”

The next session will be on 20 February 2025, delivered virtually 14:00-17:00 GMT.  Click here for links to book your place.

Another sell-out

Last month’s London Bullion Market Association (“LBMA”) introductory course to the loco London market was another sell-out.  Banks, central banks, refiners, recyclers and physical traders from Bangkok to Chicago gave tremendous variety to questions posed and insights shared.

“A very informative introduction to Loco London.”

“Good mixture of participants made the training interesting and varied.”

“Excellent explanations for all levels of knowledge.”

“A great instructor who is willing to answer all questions.”

“The English of the trainer is absolutely easy to understand thanks to her pronunciation.”

The next session will be another virtual course split over 19 & 20 February 2024, timed for London mornings which should make it easier for those based east of the UK.  Will it be a hat-trick of sold-out sessions?   Find the links to register here.

 

 

Every cloud has a silver lining

When Covid struck in October, the LME / Euromoney Learning course on warehousing and physical trading had to be cancelled.  A virtual session was arranged to cater for overseas attendees who were unlikely to travel back to London for a single day.  As this was the first time the warehousing session was offered virtually, it was great seeing a few extra participants join in, particularly those who had asked for a virtual version of this course.

I am so happy it was offered online 😊

It was helpful hearing first-hand how banks, producers and traders use LME warrants and storage

Now I finally get warrants.  Thanks.

The 2025 calendar is now available.  Please do get in touch if you do not see a combination of topic, date and delivery format that suits you.

Standing room only

Last month’s London Bullion Market Association (“LBMA”) responsible sourcing course hit capacity well in advance of the course date.  An excellent mix of refiners, assurance providers, mining advisors, banks & brokers, metal fabricators and investors meant questions and discussions were many and varied.  Practical experiences from across the globe were shared leaving little time for the scheduled breaks.

“The clarity and effectiveness of the presentation were excellent and captured my attention from start to finish.” 

“Congratulations on the ability to make an online course so stimulating and participatory.” 

I particularly appreciated the part of the practical cases that allowed a comparison with the other participants and an exchange of ideas on real situations”

To accommodate demand, a further responsible sourcing course has been scheduled for 20 November. For those who would like to learn more about the loco London market, the ever popular introductory course is available virtually over two consecutive London afternoons on 29 & 30 October.  Links for further information and registration can be found on Upcoming Courses.

Beam me in, Scotty

Last week’s London Metal Exchange / Euromoney Learning courses had to deal with the glitch of a Covid-positive trainer on the final day of the hedging course.  etcVenues rose to the challenge providing an isolation room for the trainer, and excellent IT staff who salvaged the day by seamlessly converting the in-person session to a hybrid course.

Questions, discussions and quizzes were as lively as the in-person days, helped along by the co-opted in-room assistant collecting answer sheets and calling out results.

The final course of the year is a virtual one, with sessions held during London mornings on 9-13 December.  2025 dates will be available for booking shortly.  Registration links for all courses can be found on the Upcoming Courses page.