Introduction to Physical Trading and Warehousing
Owner: London Metal Exchange
Description:
This course will provide you with a comprehensive overview of physical trading and how the LME approved warehouse system operates.
Duration: 1 Day
Who should attend
This course is suitable if you are new to the physical trading industry and want to understand the procedures and terminology of physical trading. It would also be suitable if you are from the physical or financial services industries and wish to understand the value that LME services can bring to your physical transactions.
Benefits for you
Gain a full understanding of the different stages involved in the pricing of physical transactions, physical trading flows and common issues in bringing these commodities to consumption areas.
Benefits for your organisation
Staff members will develop the knowledge of how LME services can add value to your organisation’s physical trading transactions.
What will you learn?
- Get an overview of pricing methodology and the advantages of using the LME price as a benchmark for physical transactions
- Understand how the management of the flow of products, documentation and payment play crucial roles securing physical transactions
- Learn how LME warehousing and warranting work to improve delivery of products
Brief description: This course will provide you with a comprehensive overview of physical trading and how the LME approved warehouse system operates.
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