The LME is delighted to collaborate with Commos on the HedgeTutor online education platform – a tool that offers the LME community an interactive learning experience for metals trading and price risk management.
HedgeTutor is an interactive education platform that lets you learn at your own pace, in the way that works best for you. You will get to grips with theoretical concepts behind commodity trading and risk management with a library of tutorials available as videos, slides and written guides. Test your knowledge in each section and review case studies to apply these theoretical concepts to real situations.
You will then apply what you have learned with the hedging simulator, working through various scenarios and creating bespoke simulated scenarios to trade.
Two individual HedgeTutor subscriptions have been developed for the LME market.
Benefits of HedgeTutor
- Gain a comprehensive understanding of the interaction between the physical and financial markets.
- Follow the evolution of prices and forward curves in your simulated market.
- Practise trading physical products, priced at a premium or discount to the Exchange price.
- Learn to hedge your physical price exposure by trading futures, options and swaps.
- Evaluate the exposure of your combined physical and financial portfolio to ascertain your overall market risk.
- Understand the implications of your trades on your balance sheet.
Who is it for?
This training tool can be used by both new and experienced LME market participants.
New metals market participants will receive a comprehensive introduction to physical trading and related LME hedging, whilst market veterans are able to find out more about aspects of the relationship between physical trading and hedging that may not form part of their day-to-day roles, for example physical premiums, options, margins and balance sheet implications.
Commos Introductory Discount
Commos is pleased to be able to offer a 10% introductory discount to subscribers. Please use the code LME_EDUCATION when entering the order to benefit from this discount.
Find out more
Visit HedgeTutor for a demo, to find out more about the subscriptions and to sign up.
HedgeTutor is an online educational and trading simulation platform provided by Commos Limited (“Commos”). Further details about HedgeTutor can be found at https://www.commosconsulting.com/). The LME does not endorse HedgeTutor or any other offering from Commos. While the HedgeTutor software enables market participants and potential market participants to experience certain simulated trading situations, users of HedgeTutor should note that the LME has a unique market structure; further details of the LME’s market structure are available at the LME’s website (www.lme.com) and in the LME Rulebook. Users of HedgeTutor should also be aware that a multitude of market forces and other factors may prevail within the LME’s markets and that no simulation software will be able to simulate, recreate or reflect these market forces and other factors entirely.
The London Metal Exchange logo is a registered trademark of The London Metal Exchange.
All rights reserved. All functionality contained within the HedgeTutor platform or any other platform or service offered by Commos (the “Functionality”) is provided for reference purposes only. While Commos will endeavour to ensure the accuracy, reliability and completeness of the Functionality, neither Commos, the LME, nor any of their respective affiliates makes any warranty or representation, express or implied, or accepts any responsibility or liability for, the accuracy, completeness, reliability or suitability of the Functionality for any particular purpose. Neither Commos, nor the LME accepts any liability whatsoever to any person for any loss or damage arising from any inaccuracy or omission in the Functionality or from any consequence, decision, action or non-action based on or in reliance upon the Functionality.
The Functionality does not, and is not intended to, constitute investment advice, commentary or a recommendation to make any investment decision. The LME is not acting for any person that is that chooses to use the HedgeTutor Platform or any other platform or service offered by Commos. Users that are given access to the HedgeTutor Platform or any other platform or service offered by Commos are not clients of the LME and accordingly the LME is not responsible for providing any such persons with regulatory or other protections. All users of the HedgeTutor Platform or any other platform or service offered by Commos should obtain independent investment, legal, tax and other relevant advice before making any decisions about their involvement in any form of trading activity.
Users should note that LME contracts may only be offered or sold to United States foreign futures and options customers by firms registered with the Commodity Futures Trading Commission (CFTC), or firms who are permitted to solicit and accept money from US futures and options customers for trading on the LME pursuant to CFTC rule 30.10.
The LME is authorised and regulated by the Financial Conduct Authority in respect of its benchmark administration activities under the European Benchmarks Regulation (Regulation No (EU) 2016/1011) (“BMR”), as onshored into UK law.