Commodities, Derivatives and Structured Products

Commodities - Part 8


This eCourse consists of two modules. Module 1 takes a detailed look at the different types of non-ferrous metals and the exchanges where they are traded. It identifies the main participants in the non-ferrous metals market and explains the fundamentals of trading non-ferrous metals, including exchange trading and OTC trading as well as how to hedge existing underlying cash positions in the derivatives market.

Module 2 describes the basics of the main ferrous metals (namely iron ore, scrap metal, steel billets and steel rebar) traded on global markets, as well as some popular hedging and trading applications for these commodities. As with most commodities, prices of ferrous metals are dependent on input costs and market fundamentals. These fundamentals are examined in detail throughout this module.


On completion of this course, you will be able to:
- List the key features of non-ferrous metals and the different market participants
- Recognize how market participants can trade non-ferrous metals in the spot and derivatives markets
- Compare the different methods of hedging the price volatility of non-ferrous metals
- Describe the basics of the main ferrous metals traded on global markets
- Recognize the hedging and trading applications for ferrous metals


Module 1: Commodities - Non-Ferrous Metals
Topic 1: Overview of the Non-Ferrous Metals Market
Topic 2: Trading Non-Ferrous Metals
Topic 3: Hedging Non-Ferrous Metals

Module 2: Commodities - Ferrous Metals
Topic 1: Introduction
Topic 2: Iron Ore
Topic 3: Scrap Metal
Topic 4: Steel Billets
Topic 5: Steel Rebar
Topic 6: Other Ferrous Metals
Topic 7: Hedging & Trading


Relevant Subject
Type 2 - Dealing in futures contracts
Type 5 - Advising on futures contracts
SFC:1.50, PWMA:1.50
Staff of Corporate Member: HK$460
Non-Member: HK$665
All Member: HK$460