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Understanding Commodity Markets & Commodity Trading

As commodity markets around the world continue to attract a lot of attention, this course will help you understand the mechanics of the markets and the applications of the associated derivative products. 

Course Highlights

Your definitive guide to all the major commodity markets and their trading applications

With commodity markets reaching new highs and volatility increasing, this course aims to give an understanding to the major commodity markets and how to trade them. Over three intensive days you will learn:

  • The characteristics and risks of the different commodity markets and how to capitalise on the different opportunities they present
  • The rationale for investing and trading commodity products via the cash and futures market
  • How to understand the benefits commodities offer as an alternative asset sector
  • Practical trading strategies and techniques for the different commodity markets, including:
    • Base metals
    • Softs
    • Energy
    • Precious metals
  • How to optimise your use of commodity derivatives as a robust trading and hedging tool

For details of the course trainer, please download the course brochure

Booking Information

Dates Prices Book This Course Discount
03 - 05 Nov 2010
£ 2099
Book the course now.
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11 - 13 May 2011
£ 2099
Book the course now.
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Course Programme

Introduction to the Commodity Markets

  • Overview of the commodity markets
  • Major price drivers
  • Fund Managers and commodities
  • Correlations
  • The markets
    • Energy
    • Base metals
    • Precious metals
    • Agriculturals (Ags)
  • Spot and forward markets
    • Contango & backwardation
  • Futures and options
  • Trading options
  • Trading on margin 

The Energy Markets

  • Understanding oil & energy
  • Macro-economic events
  • Geo-political risk
  • OPEC & non-OPEC production
  • The energy exchanges
    • ICE
    • NYMEX
    • CBOT
    • TOCOM
  • Energy Products
    • Crude oil
    • Heating oil
    • RBOB
    • Unleaded fuel
    • Natural gas
  • Trading & trading strategies
    • Spread trades
    • Energy futures
    • Forward curve
    • Energy swaps

Understanding the Base Metals

  • About base metals
  • Price drivers
  • The exchanges
    • The LME
      • ITS operations
      • Gradings
      • Warehouse stocks and inventories
    • COMEX
  • Base metals
    • Aluminium
    • Copper
    • Lead
    • Nickel
    • Tin
    • Zinc
    • Re-cycled steel
  • Trading and trading strategies
    • The cycle (miner/producer/consumer)
    • Spot and forward trades 

The Mechanics of Gold and Precious Metals

  • Understanding gold
    • Production, consumption & storage
    • Forward gold market
    • ETFs and derivatives
    • Gold mines index
    • IMF & central banks
  • Silver & PGMs
    • Industrial uses
    • Supply/demand
  • Rare earth elements 

Getting to Grips with Agriculturals

  • Overview of Ags
    • Grains and oil seeds
    • Softs
    • Meat & livestock
  • Price drivers and seasonality
  • Weather
  • Trade associations & government control
  • The products
    • Grains & oil seeds
      • Wheat
      • Corn
      • Maize
      • Oats
      • Soya bean oil & meal
    • Softs
    • Coffee
      • Cocoa
      • Cotton
      • Sugar
    • Orange juice
    • Meat & livestock
      • Lean hogs
      • Frozen pork bellies
      • Live cattle
      • Feeder cattle
  • Market reports
  • Price drivers
  • Producer/retail hedging 

Trading Commodities on Fundamentals

  • Global markets and supply & demand
  • Economic growth
  • Natural & man-made disasters
  • Producer data and inventories 

Trading Commodities with Charts

  • Why does anyone use charts?
  • Understanding your data
  • Types of chart
  • Analysis techniques
    • Support/resistance
    • Movings averages and Xovers
    • Stochastics and Oscillators
  • Programme trading and money management