Perfectly Hedged a Practical Guide to Base Metals

In the competitive world of commodities trading, the margins are where you can get an edge. "Perfectly Hedged" simplifies and explains hedging, a subject that is often viewed as highly technical, frequently misunderstood, and is the cause of avoidable, costly mistakes. Through an easy-to-follow, comprehensive book, you will obtain, and importantly retain this key knowledge that is vital to the long-term success of trading firms. Unlike other industry literature, "Perfectly Hedged: A Practical Guide to Base Metals", breaks down complex concepts across 18 chapters, making it easy for middle and back-office employees to digest the information. Highlights include straight-forward and easy-to-follow language, real-life examples, and a quiz at the conclusion of the book. Increase your understanding of hedging and boost your confidence. Immediately apply learnings to your day-to-day work. Improve ROI and get a valuable advantage over your competitors. Featuring 18 chapters on:

1. Introduction to Hedging

2. What Hedging Is and Why It Is Necessary

3. How Metal Prices Are Determined

4. Hedging in Practice

5. "The Perfect Hedge"

6. Position Management

7. Physical Shipments

8. How to Become a P&L Generator

9. Hedging Errors

10. Warrants

11. Arbitrage

12. Premium Hedging

13. Foreign Exchange Hedging

14. Spread Cards

15. Initial & Variation Margin

16. Simple Option Contracts For Hedging

17. Price Participation

18. Shanghai Futures Exchange "This is the first book I have read that walks you through the intricacies of commodity hedging in a methodical, easy-to-follow way. Finally!"

Tristan Busch, Founder, Zopco SA