Introduction to the LME 

This course offers you a solid introduction to the services provided by the London Metal Exchange. It provides an overview of operations, structure, products, trading terminology and procedures.

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Is this course for you?

This course is suitable for you if you have little or no knowledge of the London Metal Exchange’s operations and want to learn how these services can add value to your business.

What will you learn

  • Become familiar with the LME’s prompt date structure and trading procedures
  • Gain a full understanding of the LME’s market terminology
  • Understand the benefits of the delivery process used by the LME
  • Gain an understanding of the benefits of clearing and the role of LME Clear
  • Learn how to access the LME through member firms and the role of a broker

Benefits for you

This course will provide you with an understanding of the key services provided by the LME and demonstrate how these services can improve your organisation’s approach to price risk management. Both theoretical and practical skills developed at this course can be applied easily in the workplace.

Our courses in Singapore are FTS Eligibile - Financial Training Scheme for Singaporean citizens and PRs only.

Benefits for your organisation

Organisations will benefit from employees who have a clear understanding of how the LME operates and how its core services of pricing, hedging and delivery can benefit the company.

Programme

  • History, organisation and primary services of the LME
  • Pricing methodology    
  • Introduction to hedging
  • Prompt date structure and other LME terminology
  • LME contracts
  • Warehousing and fundamentals of delivery
  • Trading at the LME and trading floor visit*
  • Understanding the role of an LME broker/dealer
  • Clearing and LME Clear
  • Regulation of the LME 

*Trading floor visit not applicable outside of London or during LME week.

Available languages

Depending on the location this course is delivered in English, Spanish or Chinese.

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Contact us

For further information please email our Education team.