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This course will provide you with a comprehensive overview of physical trading and how the LME approved warehouse system operates.
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1 Day
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This course is suitable if you are new to the physical trading industry and want to understand the procedures and terminology of physical trading. It would also be suitable if you are from the physical or financial services industries and wish to understand the value that LME services can bring to your physical transactions.
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Gain a full understanding of the different stages involved in the pricing of physical transactions, physical trading flows and common issues in bringing these commodities to consumption areas.
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Staff members will develop the knowledge of how LME services can add value to your organisation’s physical trading transactions.
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- Get an overview of pricing methodology and the advantages of using the LME price as a benchmark for physical transactions
- Understand how the management of the flow of products, documentation and payment play crucial roles securing physical transactions
- Learn how LME warehousing and warranting work to improve delivery of products
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None
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Products and market overview
- Non ferrous - Aluminium, Copper, Zinc, Lead, Nickel, Tin
- Steel
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Logistics
Basic INCO terms and their use |
Actual physical trading
Commercial techniques
Pricing mechanism
P/L
Contracts
Shipping the products: carriers and documents |
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Role of the LME in physical trading
- Risk Management in physical trading
- LME prices
- LME Warehousing
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Please choose a date and location above to confirm course pricing.
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Early-bird discount
Book 60 or more days prior to the day of the course |
10% |
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Additional delegate discount
N.B. please note orders must be placed simultaneously for the discount to apply |
£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
Prices are per delegate. Please note that VAT will be added to all the courses taking place in the UK.
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For more information about this course and other LME training courses, or telephone +44 (0) 20 7264 5555.
for other LME courses and course dates.
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