Commodity Markets
Everything about production, supply chain, storage and trading.
Coming soon
Starts in:
  • – – Days
  • – – Hours
  • – – Min
  • – – Sec
Course category:
In-Depth
Location:
London
Duration:
2 days
Time:
8 hours/day
Class size:
20 students
A short course providing everything you need to understand commodity markets.

During the two-day Commodities In-Depth training, you will explore the characteristics of various commodity markets and find out how they are traded. Across major commodity products, we will discuss the production process, its price drivers, different supply and demand factors and other important features relevant to the market.

There are no prerequisites for this course – even though some basic understanding of financial markets would be helpful, it is not required!

What will you learn?
By the end of the course, you will:
  1. Gain a solid understanding of commodity markets, its major players and various commodity-linked products.
  2. Discover the specifics of commodity trading, market conventions and the delivery process.
  3. Learn about the London Metals Exchange and its role in trading base metals.
  4. Understand how macroeconomics and geopolitics impact commodities supply and demand.
  5. Appreciate the impact China had on global commodity markets and prices.
  6. Learn about different types of oil and its refining process.
  7. Be able to explain contango and backwardation states of commodity futures curves.
  8. Explore how gold and silver can be used as part of a diversified investment portfolio.
  9. Recognize the specifics of commodity options trading and volatility surface construction.
  10. Find out why futures open interest drops significantly prior to contract expiry.
And much more!
Who is the course for?
  • Professionals within the commodity or energy markets.
  • Individuals in the financial sector specializing in energy, metals or agriculture areas.
  • Professionals across the industries dealing with commodities, such as procurement and purchasing officers, accountants, and corporate treasurers.
  • Students, preparing for an upcoming internship or starting their careers within the commodities sector.
  • Anyone working in or looking to understand commodity markets.
Course Content:
Day 1
  1. Overview of Commodity Markets:
    • Energy products.
    • Base and precious metals.
    • Agriculture products.
    • Weather and emissions.
    • Market players trading commodities.
  2. Futures and Forwards:
    • Financial futures and market conventions.
    • Futures volume and open interest dynamics.
    • Physical settlement and delivery process.
    • Using financial futures.
    • Cost of carry.
    • Commodity convenience curve.
    • Contango and backwardation.
  3. Oil Markets:
    • Producers and consumers.
    • Oil characteristics.
    • West Texas Intermediate (WTI) and Brent crude.
    • Refining process.
    • Demand and supply for oil.
    • Factors influencing oil price.
    • Oil cost of carry.
  4. Natural Gas Markets:
    • Overview of natural gas markets.
    • Natural gas supply chain.
    • Consumption and production of natural gas.
    • Liquefied natural gas.
    • Factors influencing natural gas price.
    • Natural gas futures.
    • Natural gas cost of carry.
  5. Electricity Markets:
    • How is electricity generated?
    • Electricity generation, transportation and storage.
    • Electricity cost of carry.
    • Seasonality of the futures curve.
    • Factors influencing electricity price.
Day 2
  1. Coal Markets:
    • Overview of coal markets.
    • Coal mining and production.
    • The demand and supply for coal.
    • Factors influencing coal price.
  2. Precious Metals:
    • Producers and consumers of gold.
    • Gold products.
    • Factors influencing gold price.
    • The gold leasing market.
    • Gold cost of carry.
    • Gold producer trading strategies.
    • Central Bank strategies.
  3. Base Metals:
    • Production of base metals.
    • Aluminum and copper.
    • Factors influencing price of base metals.
    • Base metals cost of carry.
    • Overview of the London Metals Exchange (LME).
    • Trading in base metals.
  4. Soft Commodities and Agriculture:
    • Overview of agricultural products.
    • Ethanol.
    • Price drivers for agricultural commodities.
    • Agriculture futures and forwards.
  5. Investing in Commodities:
    • Benefits of investing into commodities.
    • Commodity indices and products.
    • Futures roll yield.
    • Total return swaps.
    • Structured products.
  6. Other Commodity Derivatives:
    • Options on commodity products.
    • Commodity strips.
    • Commodity swaps.
What’s the format?
Dynamic in-class lectures.
Practical assignments and exercises.
Interactive demos and examples.
Challenging quizzes and tests.
Next available dates and pricing:
Commodity Markets
  • Course category:
    In-Depth
  • Location:
    London
  • Duration:
    2 days
  • Class size:
    20 students
Date to be confirmed
Status
Coming soon
What will you get upon completion?
  • Formal completion certificate.
  • Course notes and materials.
  • Follow-up support – ability to ask questions and seek further clarification, if needed.
  • 20% OFF any future courses you wish to attend.
What our training participants say?
Vlad
Financial Sales
“Sergei is a very good teacher, and is able to explain clearly complex concepts. I felt his course was time well spent.”
Jovana
Account Executive
“Sergei held one of the best training sessions on equity derivatives at the onset of my career in finance. He was able to put together a fully comprehensive and detailed yet digestible programme. His strength is delivering complex concepts in a simplified and engaging manner.”
Babak
Head of Pricing
“Sergei has a dynamic approach to teaching and his ability to breakdown complex commercial concepts makes learning easy and memorable. I still remember his enthusiasm after 7 years and always happy to learn from him.”
Igor
Data Analyst
“Amazing training! Sergei does a great job at explaining the concepts using simple analogies which makes the complex world of finance very clear.”
Marius
Financial Software Engineer
“Sergei taught me statistics in the context of equity asset prices and he managed to help me finally connect the maths to the real life applications of it. He's very practical and effective in helping you understand hard concepts.”
Donald
Software Engineer
“I attended Sergei's derivatives training a few years ago. Sergei clearly explained what they are, the motivation behind them and how they're traded in concrete terms. After the training I had a solid understandings on the topic and I would recommend Sergei's training.”
Eric
Machine Learning Engineer
“Sergei’s lucid explanations helped me get a deeper grasp of the concepts I was grappling with, whilst giving me a new perspective on the material. I credit him with getting me up to speed when I needed it most.”
Anna
Accounts Manager
“Sergei led various financial trainings and I really enjoyed his teaching style and dedication to his students. He always made sure students were engaged and understood the topic before moving on. I would recommend Sergei for his professionalism and deep knowledge.”
Vikram
Quantitative Developer
“Sergei's sessions were great! He always made them engaging and fun.”
Alex
Financial Sales
“As part of a financial training program, Sergei equipped me with the knowledge that I am still benefiting from seven years later. He has an ability to deliver complex subject material in a digestible way.”
Yoshi
Investment Professional
“Sergei is one of the best instructors I have ever met. He understands people learn in different ways and can adjust his teaching style. I would highly recommend him, especially when you are trying to learn something complicated or you want to learn something quickly.”
Paul
Financial Software Developer
"An excellent presenter and an enjoyable course, complex material presented in an approachable fashion."
Frequently Asked Questions:
Are there any arrangements regarding COVID-19? Will the training go ahead as planned?

At the moment, we are planning for all of our training courses starting with September 2020 to go ahead in a physical location in Central London.

In case if circumstances change and we won’t be able to deliver the course in a classroom setting, we will deliver it virtually online via Zoom.

If this happens, we will get in touch and ask if you would like to go-ahead and attend the course virtually or if you prefer to cancel for a full refund.

What payment methods do you accept?

We accept all major credit and debit cards, and PayPal.

How can I get a 20% discount for my next training course?

You will receive this by email after completion of any of our classes.

What if I need to cancel my booking?

You can cancel your booking and receive a full refund up to one month in advance of the course start date.

If you made a booking for a seminar that starts in less than one month, you can cancel for a full refund within the 14 days of making the booking.

In case if we are unable to deliver a course in a physical classroom and had to move it online due to COVID-19, you can also cancel and request a full refund if you don’t want to attend the course virtually.

Are there any pre-requisites in order to attend this course?

There are no prerequisites for this course – even though some basic understanding of financial markets would be helpful, it is not required!

Will I become a rich and successful trader after attending this course?

Trading profitably and consistently is not trivial, and like with any other skill, it requires a lot of studying, hard-work, dedication and persistence in order to master.

Our “Commodity Markets” training course is an excellent starting point, but definitely not sufficient in order to start trading commodity markets profitably.

Want to run this training in-house?

Get in touch!

All our training courses can be tailored to your company needs and requirements.

Feel free to call us on +44 207 459 4445 or email info@perfiliev.co.uk and we’d be happy to help.

Learn more