Category Archives: Training

Feed your brain

This month’s London Metal Exchange / Euromoney Learning courses weren’t just a learning opportunity, as quite a few attendees really enjoyed the food too.  Well done etcVenues, the regular venue for in-person London courses, for keeping us well fed over the few days.

Excellent course and value for money. Oh and lunch was good!”

“It’s really made me understand the actual business side of my firm’s work.”

“The trainer was extremely credible, knowledgeable and fantastic at explaining the concepts in an engaging way.”

The next classroom courses are scheduled for 22-25 April in London, and the next virtual course for 10-14 June. And new for 2024, the courses will be offered as part of LME Asia Week in Hong Kong, 25-26 June.

Registration links for all LME courses can be found on the Upcoming Courses page.

Getting back into gear

Last month’s London Bullion Market Association (“LBMA”) course on the loco London market got all brains engaged while exploring the derivatives commonly used in the gold and silver markets.

Plenty of practical examples and workshops banished any lingering post-Christmas slowness and set the attendees up nicely for the coming year.

The next introductory session is scheduled for 4th June.  Follow the links to book your place.  The follow-on module runs on demand.  To express interest in joining a session, please get in touch via training@lbma.org.uk.

What do the punters say?

The final  London Metal Exchange / Euromoney Learning course for 2024 took place last week and was delivered in a virtual format over Zoom.  It rounded off a tremendous training year which combined a full-on return to classroom training mixed with virtual sessions.  Here’s what the attendees thought:

“Very positive impact on understanding.”

“The trainer was good at keeping the course lively and interesting.”

“I really liked the fact that the trainer was available prior to the course and in breaks to ask any questions.”

“Great there is an online version of this course. It saves travelling time/expenses and it reduces the carbon footprint.”

“I am convinced that the knowledge I have gained here will be very useful not only for my actual work, but also for sharing my knowledge with my colleagues.”

The 2024 calendar has been launched with the next classroom course scheduled for 6-8 February in London, and the next virtual course for 10-14 June. And new for 2024, the courses will be offered as part of LME Asia Week in Hong Kong, 25-26 June.

Registration links for all LME courses can be found on the Upcoming Courses page.

Spot the odd one out

Last week’s London Bullion Market Association (“LBMA”) virtual training courses on Responsible Sourcing and the loco London market were well attended.  The courses offer a great opportunity to gain insights from a broad range of market participants.  Lots of lively discussions during the Responsible Sourcing session spilled over into the scheduled breaks and all – instructor included – took away many practical tips.

“The knowledge and insights I gained from the course were invaluable”

“a truly enriching learning experience”

Can you spot the odd one out?

Were they in Australia?

Or was the camera faulty?

The follow-on loco London course – How to use loco London – is already filling up.  Make sure you book your box for 24th January 2024.  The next Responsible Sourcing and introductory loco London courses will be held at the LBMA office in London on 3rd and 4th June respectively.

You can find registration links for all public courses on Upcoming Courses, or get in touch to arrange a customised session at a time and place that suits your company.

 

The Virtues of Virtual

The last few weeks have seen all the London Metal Exchange courses running in virtual formats to cater for those who could not make it to London for LME Week.  European based physical traders joined with producers across the Atlantic to explore the workings of the LME and how risk can be reduced using LME futures and options.  A small group of bankers, wind-farmers and IT providers focussed on the cash-settled futures for steel in a separate afternoon session.

“The course is interesting and provides you with quality information and tools to understand how LME works”

“I felt super comfortable to ask questions and to participate”

“I feel more confident about LME and about using and applying future contracts”

If you would like to put yourself into one of those boxes, the final London Metal Exchange / Euromoney Learning sessions for the year are running during the week of 4-8 December. A few London afternoon sessions could give you that boost you seek for a successful 2024. And if virtual is not for you, the next classroom courses are scheduled for 6-8 February 2024 in London.

Registration links for all LME courses can be found on the Upcoming Courses page.

Metal, cash and coloured marbles

What do metal samples, banknotes and coloured marbles have in common?  They were all used in the London Metal Exchange / Euromoney Learning courses during LME Week. These simple props reinforce basic concepts such as cash- and physical-settlement of contracts and Sellers’ Option in respect of delivery of LME warrants.  Plus they inject a little fun when the trainer literally loses her marbles.

“the delivery of the trainer with visual aids and day to day examples has helped at lot for me”

“greatly improved my understanding of fundamental topics”

“I learned more than I expected”

“Very knowledgeable and articulate trainer. An excellent course.”

The next courses covering the workings of the exchange and using LME futures and options are scheduled for 4-8 December (5 virtual sessions, 13:30-17:00 GMT) and 6-8 February 2024 (3 days in-person in London).  The next session on LME warehousing and physical trading takes place in London on 25 April 2024.

Registration links for all LME courses can be found on the Upcoming Courses page.

Fantastic

It has been a busy week in the world of London Metal Exchange (“LME”) education. There was a private bespoke course in Scandinavia at the start of the week, followed by a virtual public course yesterday.  “Fantastic” was the word of the week from both sets of attendees.

“Fantastic”

“Fantastic and fruitful”

“The course really helped me ‘click’ and join the dots”

So if you have a group that would benefit from a tailored session (in-person or virtual), or if you prefer to learn among a diverse industry group, take a look at the course calendar or contact LME Education directly.

The next in-person courses are scheduled for 10-13 October which coincides with LME Week. This is the most popular session of the year, so early booking is highly recommended.  Virtual sessions are scheduled for 24-27 October for those who cannot travel or who miss out on a place during LME Week.

Registration links for all LME courses can be found on the Upcoming Courses page.

The best laid plans

It is when we are tested that we prove our worth.  So it was with last week’s London Metal Exchange / Euromoney Learning courses.  The courses had to be rescheduled on short notice.  Huge thanks go to those behind the scenes at Euromoney and the LME for sorting out logistics, and to the attendees for their patience and understanding.  Nobody missed flights, nobody missed out on courses they had booked and nobody missed their visit to the ring.  The last day incorporated virtual attendees for the first LME hybrid course.  There was a definite sense of achievement mingled with relief at the end of the week.

The next courses are scheduled for 10-13 October which coincides with LME Week. This is the most popular session of the year, so early booking is highly recommended.

Registration links for all LME courses can be found on the Upcoming Courses page.

 

Full house

Last month’s London Bullion Market Association (“LBMA”) training course on Responsible Sourcing proved popular.  The refineries were well represented, plus the group included several other sectors of the supply chain.  The virtual format encourages discussions alongside the formal course content, and there were many helpful insights shared during the workshop sessions.

“an exceptional learning experience”

“the interactive learning approach, involving case studies, enhanced understanding and facilitated practical application”

“it was a great experience to discuss with different participant from all around the world and see their views”

“exceeded expectations”

For those that missed out, the next responsible sourcing course is scheduled for 1st November.  You can find registration links for all public courses on Upcoming Courses, or get in touch to arrange a private session.

Somewhere beginning with S

It seemed as if coming from a city or country beginning with S was a prerequisite for joining last week’s London Metal Exchange  (“LME”) virtual session on cash-settled futures, with Singapore, São Paulo and South Africa all represented.  While we are all enjoying the return to in-person learning, the virtual delivery of this 3-hour session was ideal for such a geographically diverse group of attendees.

The cash-settled futures course covers the contracts which use assessments published by price reporting agencies to determine the value of the contract at settlement.  The contract range includes steel scrap, rebar and hot-rolled coil, as well as lithium hydroxide, alumina and aluminium used beverage can scrap.

“Excellent course for anyone who is new to the trading world.”

“Trainer is very knowledgeable and able to bring in examples whenever concepts are explained”

The next public run is scheduled for 14th September, or you can arrange a private course at a time and date of your choosing by contacting education@lme.com.

Registration links for all LME courses can be found on the Upcoming Courses page.