EJJ International is currently working with the London Metal Exchange and Euromoney to deliver a series of webinars covering the derivative instruments offered by the LME. Register with BrightTALK to participate in up-coming webinars and view webinars which have already been broadcast.
“Basic principles well explained and questions were answered confidently”, Retired LME broker
“Extremely clear, and a very good start for people that need to understand hedging and the possibilities”, ABB
““Amazing webinar! Couldn’t be better! Impressed! Both the stuff/material provided, the duration and the practical examples are excellent! Thank you so much”, Trafigura Mining Group
This webinar looks further at using LME traded options. It compares what happens when options with different strikes are used to manage the same price risk.
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The first webinar introduces the concept of risk and shows how LME futures and options can reduce risk.
The second webinar illustrates how floating payments can be converted to fixed payments using physically settled futures.
The third webinar in the series looks at cash settled futures and includes an example of using futures to stabilise profit margins.
The fourth webinar in this series explains how the price references are determined and what they are used for. Differences between official and closing prices are clarified.
The fifth webinar describes what carries are and how to use them. It explains the difference between borrowing and lending and examines the impact of the forward curve on carry trades.
The sixth session explores more applications of carry trades. Examples include using carries to managing price risks that fall on less liquid prompt dates, and locking in the shape of the forward curve.
The seventh webinar is a primer on basic option terminology. When is an option in-, at- or out-of-the-money? When should an option be exercised and how?
The eighth webinar looks at using LME traded options to manage price risk and compares the outcome to using futures. It also clarifies what happens when an option is declared or abandoned.