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Commodities - Trading and Investment Strategies
 
Attending the course will help you:
  • Learn about different commodity trading and investing perspectives
  • Understand short term trades to longer buy-and-hold strategies
  • Gain practical knowledge for implementing commodity strategies

Course background

The programme starts off by looking at tactical and market opportunity based trades, then moves on to look at long term allocation to broad commodity indices, before examining exchange traded, capital protected and yield enhanced structured products.  The different motivations and strategies used by participants will also be considered.


Who should attend?

This course is suitable for anyone with an understanding of the fundamental concepts of finance who wishes to know more about commodity trading and investment strategies.  For those with little or no background in commodities, it would be advisable to take the “Commodities - An Introduction” course first.  This is not a formal pre-requisite, but basic knowledge of the commodities markets is assumed.


Programme Recognition

This is an accredited course under the Solicitors Regulation Authority (formerly The Law Society's) CPD Scheme. Solicitors may claim 6 hours CPD credit for their attendance of the whole course.


Course Tutor

Neil Schofield
Neil is a visiting fellow at the University of Reading and is a freelance training consultant. From 2001 to 2008, he was global head of financial markets training at Barclays Capital in London.  He was responsible for the design and delivery of a large number of seminars in a variety of different asset classes to many different audiences. Previous to that he was a director at Chisholm Roth training in London and has also held positions at Chase Manhattan Bank as well as Security Pacific Hoare Govett (now trading as Bank of America). Neil has over 20 years of experience in financial markets. In 2008, he published his first book “Commodity Derivatives” and his second text “Trading the Fixed Income, Inflation and Credit Markets” was published in 2011.  

He is currently co-authoring a book on Inflation entitled “Trading Inflation: Markets, instruments and strategies”, which is due for publication in 2013.







Course Outline
Session 1 Contents
Tactical / market opportunity based trades • Popular strategies in the base metal markets
• NYMEX WTI vs. ICE Brent
• Energy vs. refined product spreads
• Interfuel spreads
• 'Dark' and 'spark' spreads
Session 2 Contents
Long term allocation to broad commodity indices • The rationale for investing in commodities
• The main index commodities
• The main source of return from indices (roll yield)
• Recent index investment structures
Session 3 Contents
Exchange traded products • Exchange Traded Funds
• Exchange Traded Commodities
• Exchange Traded Notes
Session 4 Contents
Capital protected and yield enhanced structured products • Basket notes
• Outperformance notes
• Best of/ Worst of structures
• Reverse covertibles
• Leveraged structures





ICE EducationDetails of the next seminar

London
TBC

ICE Education
5th Floor Milton Gate
60 Chiswell Street
London EC1Y 4SA
United Kingdom

Please email education@icmagroup.org to register your interest to attend our next publicly scheduled course.

Based at ICE Education London offices: IntercontinentalExchange® (NYSE: ICE), is a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets.  


Costs

The cost will be £625.00 for ICMA and ICE Members and £825.00 for non-members.

The following discount scale is offered:
2-4 candidates – 5% discount each*
5+ candidates – 10% discount each*

*Please note that discounts are applied by way of a refund to the organisation when registration has closed and the final number of candidates from the firm has been determined.

Course materials will be provided to candidates in electronic format prior to the start of programme. Please ensure that you have access to this document during the course by either printing off a copy or by downloading it on your laptop, iPad or Tablet.

Should you require a hard copy of the course materials, there is a charge for printing off and sending the course materials to the training venue.  Please contact education@icmagroup.org a minimum of two weeks before the course start date for further details on this.


Payment can be made by secure online credit card or by invoice. Please note that the BACS invoice method has an additional £50 admin fee.


Note that anyone requiring accommodation to take the course will be required to arrange this on their own; it is a class-based but non-residential course.


For more information

This course is also available on a group booking basis.

Should you have any queries about this seminar please contact David Senior on +44 20 7213 0329 or at: education@icmagroup.org





 
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