This week’s fifth webinar in the series of LME–Euromoney seminars discussed LME carry trades. The difference between borrowing and lending, and the impact of the forward curve on the profit and loss of carry trades were explained. An example of applying carries to adjust the dates on a risk position was worked through in detail.
The webinar content and the “Test Yourself” questions were the most challenging in the series so far. Just 22% correctly answered the first question. However, there was an impressive improvement to 71% correctly answering the second question after working through the first exercise. Why not listen to the recording to see how you fare? All webinars can be accessed here.
The next webinar is scheduled for 31st March and will discuss more applications of LME carries.