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Introduction to Hedging on the LME

This course aims to provide a thorough understanding of the basics of hedging with futures and options, covering the market terminology, pricing, trading strategies and margining of LME contracts. Topics include how to lock-in future selling and purchasing prices, causes and management of price volatility as well as different hedging strategies.

Who should attend?

This course is ideal for delegates with little or no knowledge of non-ferrous metals/plastics futures and metals options and the management of price risk on the LME. It is aimed at miners, producers, smelters, refiners and recyclers; brokers, bankers, financiers, treasurers, CFOs, controllers and financial risk advisors; traders and merchants; fabricators and end users.

Prerequisites: none

 Programme

Overview of the LME market

Futures and physical market
Basic concepts of hedging with futures
Uses and benefits of hedging with futures
Types of hedging with futures: offset and price-fix
Hedging with futures workshops
Hedging strategies
Cost of hedging
LME Options
Hedging with options
Questions and answers

Date Location Venue  Time 
03/10/2008 Hong Kong  TBC  8.30am-5pm Book now
07/10/2008 Singapore  TBC  8.30am-5pm Book now
09/10/2008 Kuala Lumpur  TBC  8.30am-5pm Book now
21/10/08 Dubai  TBC  8.30am-5pm Book now
23/10/08 Mumbai  TBC  8.30am-5pm Book now
04/11/2008 Lima  TBC  8.30am-5pm Book now
07/11/2008 Mexico City  TBC  8.30am-5pm Book now
11/10/08 Chicago TBC  8.30am-5pm Book now

Course fees

Per delegate

 

 £450

Early-bird discount

N.B. Please note that this discount only applies when booking 60 or more days prior to the day of the course

 10%

Multiple booking discount

If you also book Introduction to the LME and Regulation or Introduction to the LME

 

 save £125

Additional delegate discount

N.B. please note that orders must be placed at the same time

 

 £20

Fees include all course materials, lunch and refreshments.

All registration fees must be paid prior to the event.

Please note that the dress code is smart casual.

All LME courses are delivered in English unless otherwise stated.

Further information

Click here to view all LME course dates in 2008 and to book your place online. 

For more information about this course and other LME training courses, email lme.education@lme.com or telephone +44 (0) 20 7264 5555.