A couple of weeks ago I wrote a post explaining the rule change from the LME on front-month spread trading. I thought it would be worth giving an explanation on just why the LME felt the need to implement such a rule change.

Learn how to tell your story - it matters much more than you probably think.

Companies often spend hundreds of man hours of their senior staff training new members of the team. The Perfectly Hedged Online Course reduces that time, and importantly cost. New joiners can get a leg up in the industry before they have even started, allowing them to truly hit the ground running.

What does entrepreneurship mean to you?

Perfectly Hedged founder sat down with Freight Investor Services to discuss some of the opportunities and challenges that hedging metals offers.

We are pleased to announce that the Perfectly Hedged website is now viewable in Spanish and Mandarin alongside English. Simply select your preferred language from the drop down in the top-right corner.

The LME has changed the rules for front month spread trading. This article explains what those changes are and the impacts they might have.

Given the historic volatility in TC/RC rates across base metals, could a TC/RC swap contract help both consumers and producers in the long run?

I've lost track of how many times I've heard this in meetings. As a trader I loved hearing it because it meant opportunity. Now I'm on the educational side I have a different reaction.

𝗧𝗵𝗶𝘀 𝗼𝗻𝗲’𝘀 𝗮 𝘀𝗵𝗼𝘂𝘁𝗼𝘂𝘁 𝘁𝗼 𝘁𝗵𝗲 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 - 𝗱𝗼𝗻’𝘁 𝘁𝗮𝗸𝗲 𝗶𝘁 𝗽𝗲𝗿𝘀𝗼𝗻𝗮𝗹𝗹𝘆.

We’ve just added 𝟵 𝗺𝗼𝗱𝘂𝗹𝗲𝘀 𝗼𝗳 𝗯𝗿𝗮𝗻𝗱 𝗻𝗲𝘄 𝗰𝗼𝗻𝘁𝗲𝗻𝘁 to the Perfectly Hedged Online Learning Platform, focused entirely on the 𝗽𝗵𝘆𝘀𝗶𝗰𝗮𝗹 𝘁𝗿𝗮𝗱𝗶𝗻𝗴 𝘀𝗶𝗱𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀.

𝗪𝗵𝘆 𝘁𝗵𝗲 𝟱𝟬% 𝗮𝗹𝘂𝗺𝗶𝗻𝘂𝗺 𝘁𝗮𝗿𝗶𝗳𝗳𝘀 𝗮𝗿𝗲 𝗻𝗼𝘁 𝗯𝘂𝗹𝗹𝗶𝘀𝗵 𝗽𝗿𝗶𝗰𝗲, 𝗯𝘂𝘁 𝘁𝗵𝗲𝘆 𝘢𝘳𝘦 𝗯𝘂𝗹𝗹𝗶𝘀𝗵 𝗽𝗿𝗲𝗺𝗶𝘂𝗺, 𝗮𝗻𝗱 𝗶𝗻𝗳𝗹𝗮𝘁𝗶𝗼𝗻𝗮𝗿𝘆 𝗳𝗼𝗿 𝗨.𝗦. 𝗰𝗼𝗻𝘀𝘂𝗺𝗲𝗿𝘀.

The mechanics behind trade execution are covered thoroughly in our online course. Make sure you have the knowledge to avoid disputes with your customers.

𝗧𝗵𝗶𝗻𝗸𝗶𝗻𝗴 𝗔𝗯𝗼𝘂𝘁 𝗮 𝗖𝗮𝗿𝗲𝗲𝗿 𝗶𝗻 𝗖𝗼𝗺𝗺𝗼𝗱𝗶𝘁𝗶𝗲𝘀? 𝗥𝗲𝗮𝗱 𝗧𝗵𝗶𝘀.

It’s graduation season, and that means a new wave of people trying to break into the world of commodities.

The truth? There isn’t a lot of clear guidance out there, especially for those just starting out. I ran a LinkedIn Live a few months ago on this exact topic, but I know not everyone had the time to watch or participate.

That’s why I’ve put together my top recommendations, drawn from my own experience and from years of being involved in hiring at both large and small trading houses.

I've worked with scrap yards from the most basic setups (yes, even a pitbull on a chain as security!) to multi-country processing powerhouses.

One pattern stands out: 𝗺𝗮𝗻𝘆 𝘀𝗰𝗿𝗮𝗽 𝘁𝗿𝗮𝗱𝗲𝗿𝘀 𝗮𝗿𝗲𝗻’𝘁 𝗵𝗲𝗱𝗴𝗶𝗻𝗴 𝘁𝗵𝗲𝗶𝗿 𝗽𝗿𝗶𝗰𝗲 𝗿𝗶𝘀𝗸.

A lot of companies wait until they price before managing their carry risk. But what if you could lock in protection months in advance, and even profit from the spreads?

If you're thinking 90s financial movies - traders yelling over each other, waving papers, and throwing phones, you wouldn’t be alone.

When most people in the metals industry think about carry trades, they’re usually looking at month-over-month exposures. But on the LME, there's a whole world of opportunity (and risk) in the daily prompt date structure. Traders who understand how to manage these nearby positions through tom-next and cash-for-a-day spreads can potentially unlock greater value than traditional month-over-month carries allow.

Last week, I came across a post asking how many countries you’ve done business with. I’d never thought to count but curiosity got the better of me.