BACK
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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.
The course aims at assisting people involved in pricing physical transactions and in assessing risk management tools in the metals industry. Individuals working within the following business areas would benefit from attending: procurement, finance, risk management, treasury, sales and commercial.
| Programme |
| Physical and futures markets |
| Causes of price risk |
| Benefits of LME transparent pricing |
| How the proposed contracts will enhance your business |
| LME warehousing and delivery mechanism |
| Benefits of warrants holding |
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Uses and benefits of hedging with futures
- Improve cash flow and margin predictability
- Lower the cost of capital
- Enhance relations with suppliers and customers |
| Typical hedging tactics |
| Similarities with the hedging of foreign currencies |
| Basic hedging workshop |
| The security of a central clearing system |
| What next and summary |
| Questions and answers |
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Course fees |
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Per delegate |
£450 |
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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% |
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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.
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.
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