Perfectly Hedged a Practical Guide to Base Metals

"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.

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
>"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