Metals – Copper Futures

Short description

Transact copper futures in the market.

Capacity

You act in the role of a market participant.
You act in the capacity of initiator.

Task

Your task could be manifold. Choose any of the following possibilities:

Setup a consumer hedge; purchase a 3-months ahead copper futures contract.
Setup a producer hedge; sell short a 6-months ahead copper futures contract.
Perform speculation; buy and sell as much as you’d like to make your working capital grow.
Analyse the price charts and make a comparison. Click on the contract name to select the futures contract of preference.
Analyse the forward curve.
Setup a time spread position (e.g. buy a 2-month ahead contract while, simultaneously, selling a 8-months ahead contract).

Objective

The aim of this simulation is to apply what you already know have learnt so far and to master more knowledge. This includes screen-based trading, exchange trading, market dynamics, price volatility, the working of the order book, price charts and forward curves.

Conclusion

At the end of the simulation, analyse your performance. See what you have done and when you have done this and whether it could have been optimised. This way, you learn and optimise your competences.

Financials

Initial working capital is 5,000.00.
Exchange fee per contract = 0.10; clearing fee per contract = 0.10.
Initial margin is 200.00 per contract.

 

Our Labels

Entrima and Market Abuse Centre (MAC) are the two labels we operate to provide learning services for professionals in the commodity & energy markets.
 
 


Content & Context

Entrima’s mission is to transfer knowledge regarding the business, controls & operations of parties in (or relating to) the wholesale markets.

www.entrima.org


Conduct & Culture

MAC’s mission is to facilitate the prevention & detection of misconduct and to foster proper behaviour in organisations. This is achieved via training, periodic updates and increased awareness.

www.marketabusecentre.com