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.

Safe and sound

The elegant façade of a grand Dutch canalside house hides a historical treasure – the oldest vault in Amsterdam. Nestled in the lower levels of a former Deutsche Bank building, and hidden behind a false door, the vault was an appropriate setting for the bankers attending a course on commodity derivatives, commodity finance and tripartite agreements.

Once again, EJJ International teamed up with Bethan Davies, an independent legal consultant, to deliver a tailored program to meet the client’s requirements, which was well received.

If you would like to attend a similar course, our three day commodity derivative training course gives an in-depth overview of all the main commodity sectors: metals, oil and gas, and agricultural products, plus techniques for stabilising cash flows, collateralising finance and monetising market views.  To join us in London on 14-16 November click here.

Dessert in the desert

Last week, the London Metal Exchange held their introductory courses in Dubai.  The compact group included representatives right across the supply chain from four countries in the Gulf region.  The classroom discussions went beyond the standard agenda, and during the breaks, several companies were comparing notes on their approach to managing price risk using LME instruments.  All took full advantage of the tempting buffets, especially the desserts, as the Dubai venue is one of the best chosen by Euromoney, the LME’s training partner, for these courses.

 “The course delivery was absolutely amazing.  Truly impressed and appreciate the efforts.  Will surely recommend”
Al-Qarayan Group

The final London course of the year will be during LME Week (9-11 October) and there are only a few places left.  The next Dubai course will be in September 2019.  Check out Upcoming Courses for a full schedule of remaining 2018 dates and links to secure your place.

Three out of Three

For the third time this year, the London Metal Exchange courses in London sold out.  The group included miners, fabricators, physical metal traders, battery recyclers, chemical companies, warehouses, IT providers and several categories of LME members.  Participants noted how helpful it was to meet companies throughout the value chain and to share experiences of using LME instruments.  As a bonus, during the breaks, two members of the LME floor team demonstrated the hand signals used in the ring trading sessions.

“A course which is right for participants with different jobs and knowledge levels”
Borçelik Çelik Sanayii

“Very thorough and in-depth explanation of the basics”
EDF Man Capital

“The third day was the most interesting due to a full picture of how to manage risk”
Ecobat Technologies

“Very well organized, good clear speaker, training techniques are very good”
TELF AG

The next session will take place in Dubai (18-20 September). The final London course of the year will be during LME Week (9-11 October) and that is filling fast already.  Check out Upcoming Courses for a full schedule of remaining 2018 dates and links to secure your place.