Introduction to the LME
Day one of the LME Introductory Training Course is ideal for delegates looking for a solid introduction to the London Metal Exchange. The course is designed to provide an in-depth overview of the LME, its operation, structure, products, services and trading procedures. This course naturally progresses onto day two, 'Introduction to Hedging with Futures'.

Introduction to Hedging with Futures
Day two of the LME Introductory Training Course is ideal for delegates with little or no knowledge of non-ferrous metals and plastics futures and the management of price risk on the LME. It aims to provide a thorough understanding of the basics of hedging with futures covering the market terminology, pricing, trading strategies and margining of LME futures contracts.

Introduction to Hedging with Options
This course is ideal for delegates looking for an intermediate level workshop on option theory and analysis. This intensive one-day course is designed for people with little or no knowledge of traded options. It introduces delegates to the terminology and characteristics of traded options, the principles of pricing and trading strategies. Topics include hedging with options, options pricing, options strategies and an introduction to options risk management.

LME Options Pricing
This course is designed to provide market users with a solid understanding of option pricing and the risk management of option positions. It will cover both relative valuation, notably put – call parity, and absolute pricing methodologies, including the binomial approach and continuous time, Black – Scholes approach.

LME Options Trading Strategies
The course focuses on the practical applications of relative valuation, notably put – call parity, and absolute pricing methodologies, including the binomial approach and continuous time, Black – Scholes approach. It also introduces more exotic option types commonly traded in the OTC metals market.

Basics of the Price Risk Management Process
The course will present the entire process involved in managing price risk and include information on the how price risk is created, how to quantify the margin impact, the setting of hedge objectives, appropriate authorisations, internal controls and proper measurement of the risk management process. Concepts will be presented in terms of practical application so participants can apply to their own company situations.

Introduction to Metals Pricing and Risk Management
This course is designed to provide an in-depth overview of the Exchange and the services it provides. It is intended for market users to understand the value that LME contracts can add to their business by bringing transparency, reference pricing and risk management to the volatile metals market.

LME Steel Pricing and Risk Management
The course aims at assisting people involved in pricing physical transactions and in assessing risk management tools in the steel industry. Individuals working within the following business areas would benefit from attending: procurement, finance, risk management, treasury, sales and commercial.

Trading at the LME
This course considers the mechanics of how to trade on the London Metal Exchange. It goes through a range of methods of executing trades. It also explains the way they are monitored from inception all the way through. It is aimed at companies thinking of investing in the LME, new personnel with limited experience joining LME firms and companies with metal and plastics trading clients.

Understanding LME Data
This course is designed to provide market users with a solid understanding of the LME and its data. The course will include a breakdown of the LME's data products, sources and a visual overview of the data output. There will also be focus on the various report types and associated applications as well as additional learning opportunities via workshops.

LME Regulation and Compliance
As a result of increased demand from LME members and the financial community, the LME introduced the LME Regulation and Compliance training course. This one day course is designed to provide a solid overview of pre and post trade transparency, daily large position reporting, stock, warrants, lending guidance, matching and registration. It would suit delegates with little knowledge of LME Regulation and Compliance or those who require a refresher.

Introduction to Physical Trading and Warehousing
A comprehensive course to enhance knowledge of physical trading of metals. It provides an insight into the various steps of trading including bid/offers, contracts, shipping/warehousing, documentation and final payment. The course will consist of practical examples, case studies and workshops. Ideal for those involved in trading, supply chain, banking, shipping and warehousing and back office functions.

Risk Management for Metal Concentrates
The course is intended to promote understanding of physical trading as well as managing price risk of metal concentrates. It covers topics relating to pricing, T/C- R/Cs, penalties, assays, umpire methods, price participation, settlement and hedging.

Introduction to the LME and Regulation
This course is ideal for delegates looking for a solid introduction to the London Metal Exchange. The course is designed to provide an in-depth overview of the LME, its operation, structure, products, services and trading procedures. It includes specific regulatory and compliance topics, such as pre and post trade transparency, daily large position reporting, stock, warrants, lending guidance, matching and registration.