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Commodity Trading Essentials
Description
The Commodity Trading Essentials is a foundational-level course designed for professionals, graduates, and newcomers who want to build a solid understanding of the commodity trading industry. Providing a clear and practical introduction to the sector, the programme covers the essential concepts, processes, and actors that shape global commodity markets, without requiring prior industry experience.
Through a business-oriented approach, participants will explore the fundamentals of commodity value chains, geopolitical dynamics, logistics and transportation, legal and compliance essentials, sustainability, and trade finance. Delivered by experienced industry practitioners, the course offers a comprehensive overview of the commodity trading ecosystem and equips participants with the basic knowledge needed to confidently engage with the sector or prepare for more advanced training.
Who it's for
- New joiners in commodity trading companies who are looking for a structured and comprehensive introduction to the industry and its main processes;
- students and recent graduates interested in starting a career in commodity trading and wishing to build a solid foundation of knowledge;
- professionals working in non-trading functions within commodity companies who want a better understanding of the trading business and how different functions interact;
- employees and managers of service providers to the commodity sector (banks, auditors, law firms, logistics providers, insurers, risk management firms, etc.) who wish to better understand their clients' industry and operating environment;
- business owners, executives and managers of SMEs involved in international trade who want to gain a basic understanding of commodity trading practices and market dynamics.
Course programme
Targeted interventions with professionals in the Lugano square.
Determinant geopolitical events in the past and current situation
Principles of sustainability in the commodity trading business and critical issues
Teachers:
Matthew Bryza, previously US Ambassador to Azerbaijan and Director of the International Center of Defense and Security in Tallin; currently Managing Director at Straife, Instanbul and member of different Boards.
Deia Markova, executive with over 20 years of experience in Innovation, Sustainable Finance, Trade & Commodity Leadership; Finance, ESG and Strategy department at BGN Group, Geneva.
The global trade environment
Trade facilitation
Incoterms 2020
Supply Chain Security
Cargo (transit) insurance
Teachers:
Jon Walden, Principal Consultant and accredited trainer in Customs and Trade Facilitation with over 35 years’ experience in international trade.
Contracts
English Sale of Goods Act (SGA)
Incoterms
Teachers:
Sarah Hunt, international trade and shipping lawyer; Partner at HFW, Geneva.
Main compliance issues in commodity trading
Rules and actuality
Teachers:
Daniel Martin, recognised expert lawyer in international financial and trade sanctions; Partner at HFW, London.
The role of banks in international commodity trading
Main forms of commodity trade finance
Internal organization of a Commodity Trade Finance division (roles and responsibilities)
Instruments – Topics:
Instruments
SWIFT and Interbank communication
Payment Methods
Teachers:
Anne-Lyse Moix, Head Documentary Credit at BCV - Banque Cantonale Vaudoise.
Matteo Somaini, General Manager Finance at DITH and President of the Lugano Commodity Trading Association (LCTA);
Fabiano Manfredi, Head of Credit Risk Trade Finance, Banks and Countries; First Vice President at BCV - Banque Cantonale Vaudoise.
Certification
Diploma
Released by LCTA and ALMA Impact AG