Lifecycle of a Trade – Commodities

$129.00/learner

What happens after the trade is made? From the inception of a customers’ order to the settlement of the trade, operations play a vital role. Operations covers a wide variety of areas and topics including: trade execution and capture, trade enrichment, trade validation, transaction reporting, trade settlement, settlement failure, safe custody/safekeeping, custodians, corporate actions and reconciliation.

  • Date: Wednesday, September 23 – 1:00-3:00 p.m. ET
  • Recommended CPE Credits: 2.4
  • Instructor: Charlotte Scott
  • Duration: 2 Hours

 

Description

This program introduces participants to the trade lifecycle for commodities trading. Types of trades include spot and derivative trades in various commodity types such as energy, metals, etc. Included are commodity swaps, futures, forwards, and options. Participants follow the sequence of activity that occurs “behind the scenes” on trade date once a commodities trade is executed through the final exchange of value on settlement date.

Course Objectives

By the end of the course, participants will be able to:

  • Recognize how commodity trades are executed among brokers, dealers, their customers and inter-dealer brokers
  • Identify the critical functional areas related to moving commodity trades forward to settlement, including confirmation and clearance
  • Distinguish types of operational risks related to commodity trades that have a potential impact on the bank and its customers, as well as the industry as a whole

Suggested Prerequisites: None

Program Level: Foundational

Target Audience: Anyone who wants to learn about the lifecycle of a Commodities trade, such as staff from IT, operations, compliance, legal, middle office, or HR, and regulators who work closely with various aspects of the commodities market.

Advance Preparation: None

Computers and Financial Calculators: N/A

Recommended CPE Credits: 2.4

Instructor: Charlotte Scott

Duration: 2 hours

Price: $129/learner