LME week has a reputation for being a hectic time, but last week was a standout with a record number of attendees at the  London Metal Exchange (“LME”) introductory course.  Two parallel sessions of the introduction day were needed to accommodate numbers.  The ability to book each day as an individual course is extremely popular, and numbers increased to the highest attendance to date for the options day.  Participants came from all parts of the value chain and learned as much from one another as from the formal course.

“Good pace.  Theory backed up by good examples”, Thomson Reuters

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

There are still places available for New York (29-Nov to 1-Dec) and Dubai (12-14 Dec), and the next London course will be in late January 2018.  Check out Upcoming Courses for a full schedule of dates and links to book your place.

Chilly London mornings and autumn colour starting to appear gave last week’s London Metal Exchange (“LME”) course an air of going-back-to-school.  The diverse group certainly applied themselves over the three days and enjoyed their visit to the LME to watch the kerb session.  Literally watching and hearing nickel and zinc prices fall made the theory of hedging using LME instruments very real for the miners in the group.

“Great course with good examples and good explanations”, Crown Packaging

“Very useful as a base for trading/hedging in practice” Raffemet Commodities

“The course was an excellent introduction to the LME and the markets it operates.  The course content was concise and informative”, Lloyds Bank

The next London course is during LME week (31 October – 2 November) and it often sells out.  Make sure you don’t miss out on a place. There are later courses scheduled for both New York and Dubai.  Check out Upcoming Courses for a full schedule of dates and links to book your place.

Following excellent feedback from the London Metal Exchange introductory courses run in New York in June, a second set New York dates has been added.   It could be an ideal time to combine professional development with a spot of Christmas shopping in the Big Apple.  The courses will run on 29 November -1 December 2017.

Check out Upcoming Courses for the full schedule.

With unseasonably hot and humid weather and a very full training room, you might have expected last week’s London Metal Exchange courses in New York to have been a bit fraught.  Instead it turned into one of the best courses we have run to date.  Representatives of all parts of the value chain where there and many commented how useful it is to hear others’ questions and comments on the topics discussed.  We took full advantage of the stunning balcony overlooking Times Square to let off steam afterwards.

“Excellent course.  Very clear and practical.  A lot of examples which is good.”
Mitsubishi International Corporation

“Good flow of information from very basic to very specific and detailed”
Traxys

“Very, very excellent.  One of the top speakers/trainers I’ve experienced”
Wisconsin Aluminium Foundry

The next course is in London (12-14 September) and is filling fast, and due to the positive feedback, we plan to schedule another date in New York later this year. Check out Upcoming Courses for a full schedule of dates and links to book your place.

If last week’s London Metal Exchange courses in London were an episode of Sesame Street, “M” would have been the featured letter.  We had delegates from Mexico and Malaysia, representatives of Marex, McKinsey and Microgen, and Melvin, Mario and Myooresh.

The big advantage of attending these courses in London is the visit to the LME to watch the open outcry kerb trading session at the end of the first day.  It’s always popular, and an exciting close on zinc left us all glad that we were not having to deal with the pressure of getting orders through to the dealer before the bell.

“Excellent overview of how the market operates. Definitely will be useful going forward.”
Trayport

“Everything was explained and presented brilliantly”
Marex Spectron

“Trainer was very good, patient, enthusiastic and always willing to answer/clarify points”
Microgen

The next course in New York (13-15 June) is almost full and the next London course (12-14 September) is already filling up.  Make sure you don’t miss out on a place.  Check out Upcoming Courses for a full schedule of dates and links to book your place.

The large group of attendees at the recent London Metal Exchange courses in Dubai, delivered in partnership with Euromoney Learning Solutions, did not realise they had signed up to a mountaineering expedition.

One or two even managed to scale the more challenging aspects of delta hedging and volatility surfaces.  During rest breaks, several real life situations were discussed and brought into the course as worked case studies.  By the end, we were all tired but the sense of achievement was palpable.

Training resumes in London on 23-25 May, and is followed by New York on 13-15 June.  Check out Upcoming Courses for dates later in the year.

Miners and warehouses dominated the recent London Metal Exchange courses in Singapore, delivered in partnership with Euromoney Learning Solutions.   The warehouses added extra depth to the physical delivery, warrants and warehousing sections, and the miners compared the relative ease of hedging metal price risk to the more challenging aspects of hedging bulks such as iron ore and coal.  At the course conclusion, the group moved on to a nearby wine bar as a prelude to the parties during LME Week Asia in Hong Kong.

 “Very well structured and presented course.  Well timed, allowing for questions and discussions without feeling rushed”  South32

“Informative and enriching”  Access World

“Good introduction.  Less need to know about financial products like futures, options beforehand.  Good focus on warehousing”  Societe Generale

Check out Upcoming Courses for course dates in other locations.