Claiming Back Your VAT

All attendees of a London based course incur VAT as a part of the cost of attendance.

Euromoney Learning have partnered with VAT IT to allow you the unique opportunity to recoup the VAT incurred.

Using VAT IT's extensive experience and simple sign-up and refund process, every invoice can be turned into cash for your business.


Claim the VAT that's rightfully yours in four simple steps:

1. Register your interest

2. Sign a few simple documents

3. VAT IT processes your claim

4. Receive your refund




Why choose VAT IT 

VAT IT have spent two decades identifying, researching and perfecting the foreign VAT Reclaim process and built the best back end technology in the industry. By partnering with Euromoney Learning, we can provide you with a fast and effective way to reclaim your VAT which helps reduce the cost of your training.

VAT IT will charge a percentage of the VAT refund if/when it is successful. 


Can I claim back the VAT myself?

You can claim back VAT directly from the UK Tax Authority (HMRC) by completing the following form. 
For European clients, please refer to form VAT 65
All other clients, please refer to form VAT 65A.

 

You may also be able to claim back your VAT against courses taking place outside of the UK, and we would recommend contacting VAT IT, our specialist partner, to discuss how to do this.

Course details

Dates are currently being finalised. Get in touch to find out more
Download course brochure

LME 3-day Introductory Course (Modular Course)

Understand core services of pricing, hedging & delivery with LME
  • The LME’s 3-day introductory course is an essential tool in helping market participants understand how the Exchange operates.

    It will provide you with an understanding of the key services provided by the LME and demonstrate how these services can improve your organisation’s approach to price risk management. Both theoretical and practical skills developed at this course can be applied easily in the workplace.

    This course is made up of three separately bookable modules:


    Day 1: Introduction to the LME
    Day 2: Introduction to Hedging on the LME with Futures
    Day 3:
    Introduction to Hedging on the LME with Options

    If you wish to book for two of these modules, please contact martin.harris@euromoney.com

    What will you learn?
    • Become familiar with the LME’s prompt date structure and trading procedures
    • Gain a full understanding of the LME’s market terminology
    • Understand the benefits of the delivery process used by the LME
    • Gain an understanding of the role of LME Clear
    • Learn how to access the LME through member firms
    • Understand how effective price risk management can be achieved with LME services
    • Gain an understanding of the benefits of hedging with futures and options across all sectors of the industry

    Benefits for your organisation

    Your organisation will benefit from having employees with a clear understanding of how the LME operates and how its core services of pricing, hedging, and delivery can benefit the company.

    Pre-requisites


    None

    Who should attend

    Day 1: Introduction to the LME


    This course is suitable for you if you have little or no knowledge of the London Metal Exchange’s operations and want to learn how these services can add value to your business.

    Day 2: Introduction to Hedging on the LME with Futures


    This course is suitable for you if you want to know more about metals futures and the management of price risk on the LME. It is advised that you take 'Introduction to the LME' before attending this course to fully benefit from this session.

    Day 3: Introduction to Hedging on the LME with Options

    This course is suitable for you if you have little or no knowledge of traded options and want to know more about the use of options as a price risk management tool in the metal industry.
  • Day 1

    • History, organisation and primary services of the LME
    • Pricing methodology 
    • Introduction to hedging
    • Prompt date structure and other LME terminology
    • LME contracts
    • Warehousing and fundamentals of delivery
    • Trading at the LME and trading floor visit*
    • Understanding the role of an LME broker/dealer
    • Clearing and LME Clear
    • Regulation of the LME

    *Visit applicable for London courses.


    Day 2

    • Overview of the LME market
    • Basic concepts, uses and benefits of hedging with futures
    • Introduction to risk and price volatility
    • Long, short, transactional, and strategic hedges
    • Costs of hedging
    • Carries
    • Using the right hedging instrument
    • Hedging with Monthly Average Futures
    • Hedging workshops

    Day 3

    • Basic concepts, uses and benefits of hedging with an options contract
    • Options terminology
    • Put and call options
    • Risk implications and motives
    • Hedging futures vs. options
    • TAPOs
    • Options workshops
    • Option pricing
    • Hedging combinations
    • Zero cost strategies

    Learning Outcomes

    • Become familiar with the LME's prompt date structure and trading procedures
    • Gain a full understanding of the LME's market terminology
    • Understand the benefits of the delivery process used by the LME
    • Gain and understanding of the role of LME Clear
    • Learn how to access the LME through member firms
    • Understand how effective price risk management can be achieved with LME services
    • Gain an understanding of the benefits of hedging with futures and options across all sectors of the industry
  • Our Tailored Learning Offering

    Do you have five or more people interested in attending this course? Do you want to tailor it to meet your company’s exact requirements? If you’d like to do either of these, we can bring this course to your company’s office. You could even save up to 50% on the cost of sending delegates to a public course and dramatically increase your ROI.

    If you want to run this course at a location convenient to you or if you want a completely customised learning solution, we can help.

    We produce learning solutions that are completely unique to your business. We’ll guide you through the whole process, from the initial consultancy to evaluating the success of the full learning experience. Our learning specialists ensure you get the maximum return on your training investment.

  • We have a combined experience of over 60 years providing learning solutions to the world’s major organisations and are privileged to have contributed to their success. We view our clients as partners and focus on understanding the needs of each organisation we work with to tailor learning solutions to specific requirements.

    We are proud of our record of customer satisfaction. Here is why you should choose us to help you achieve your goals and accelerate your career:

    • Quality – our clients consistently rate our performance ‘excellent’ or ‘outstanding’. Our average overall score awarded to us by our clients is nine out of ten.
    • Track record – we have delivered training solutions for 95% of worlds’ top 100 banks and have trained over 250,000 professionals.
    • Knowledge – our 150 strong team of industry specialist trainers are world leading financial leaders and commentators, ensuring our knowledge base is second to none.
    • Reliability – if we promise it, we deliver it. We have delivered over 20,000 events both in person and online, using simultaneous translation to delegates from over 180 countries.
    • Recognition – we are accredited by the British Accreditation Council and the CPD Certification Service. In an independent review by Feefo we scored 96% on service and 95% on product
This course can be run as an In-house or Tailored Learning programme

Instructor

  • Emma Jenkins

    My banking career started with modelling, pricing and structuring interest rate, FX and commodity derivatives. Now, I divide my time between consulting to commodity companies and delivering training courses in this area.

    Biography

    The course director has many years’ experience covering commodity markets, derivative pricing and structuring, and loan origination. After graduating from Trinity College, Dublin, with a BSc Hons, a gold medal and Foundation Scholarship in Mathematics, she commenced her banking career in the Goldman Sachs graduate program. After this, she joined Westpac Banking Corporation where she was responsible for the design and implementation of derivative pricing models for the interest rate and FX trading desks. She moved into the commodity arena when she joined Credit Suisse to market complex hedge structures in precious metals and associated financings. She later joined Macquarie Bank as a specialist commodity director, where she provided a complete banking service to clients in the base and precious metals, and oil and gas sectors. She is currently a director of a consulting business which specialises in commodity price risk management and related expert witness work. Her clients range from central banks and regulators, large miners, traders and manufacturers, wealth managers, through to small import/export businesses, thereby giving her a unique insight into the issues facing the many market participants.

Venue

Etc Venues Bonhill House

This course will take place at the Etc Venues, which is located near to the London Metal Exchange.

We have documented our frequently used training destinations in London on this map.

If you need help booking accommodation for your visit to our training courses, please contact accommodation@euromoney.com and one of our partners will help you get the best rate possible.