SESSION 1: Commodity Derivatives

• Difference between commodity and Financial derivatives
• Physical settlement
• Warehousing
• Quality of underlying assets

SESSION 2: The Commodity Trading system

• Trading
• Clearing
• Settlement

SESSION 3: Exploring various Commodities traded

SESSION 4: Agricultural commodities

• Cotton
• Crude palm oil
• RBD Palmolein
• Soy oil
• Rapeseed oil
• Soybean
• Rapeseed

SESSION 5: Precious metals

• Gold
• Silver

SESSION 6: Instruments available for trading

• Forward contracts
• Limitations of forward markets
• Introduction to futures
• Distinction between futures and forwards contracts
• Futures terminology

SESSION 7: Introduction to options

• Option terminology

SESSION 8: Basic payoffs

• Payoff for buyer of asset: Long asset
• Payoff for seller of asset: Short asset
• Payoff for futures
  • Payoff for buyer of futures: Long futures
  • Payoff for seller of futures: Short futures
• Payoff for options
  • Payoff for buyer of call options: Long call
  • Payoff for writer of call options: Short call
  • Payoff for buyer of put options: Long put
  • Payoff for writer of put options: Short put
• Using futures versus using options

SESSION 9: Pricing commodity futures

• Investment assets versus consumption assets
• The cost of carry model
  • Pricing futures contracts on investment commodities
  • Pricing futures contracts on consumption commodities
• The futures basis

SESSION 10: Using commodity futures

• Hedging
  • Basic principles of hedging
  • Short hedge
  • Long hedge
  • Hedge ratio
  • Advantages of hedging
  • Limitation of hedging: basis Risk
• Speculation
  • Speculation: Bullish commodity, buy futures
  • Speculation: Bearish commodity, sell futures
• Arbitrage
  • Overpriced commodity futures: buy spot, sell futures
  • Underpriced commodity futures: buy futures, sell spot

SESSION 11: Trading

• Futures trading system
• Entities in the trading system
  • Guidelines for allotment of client code
• Contract specifications for commodity futures
• Commodity futures trading cycle
• Order types and trading parameters
  • Permitted lot size
  • Tick size for contracts
  • Quantity freeze
  • Base price
  • Price ranges of contracts
  • Order entry on the trading system
• Margins for trading in futures
• Charges

SESSION 12: Clearing and settlement

• Clearing
  • Clearing mechanism
  • Clearing banks
  • Depository participants
• Settlement
  • Settlement mechanism
  • Settlement methods
  • Entities involved in physical settlement
• Risk management

SESSION 13: Margining

• SPAN
• Initial margin
• Computation of initial margin
• Implementation aspects of margining and risk management
• Effect of violation

SESSION 14: Regulatory framework

• Rules governing commodity derivatives exchanges
• Rules governing intermediaries
• Trading
• Clearing
• Rules governing investor grievances, arbitration
  • Procedure for arbitration
  • Hearings and arbitral award

SESSION 15: Implications of sales tax of Commodity trade

SESSION 16: Getting Started in Forex

• Understand Spreads, Swaps, Pips & Lots
• Understanding Types of Orders
• Profitable Forex Trading Strategies
• How to Perform Fundamental Analysis
• Trading Psychology & Risk Management Strategies
• Lots, Long and Short
• Bid - Ask Spread
• Pending Orders

SESSION 17: Leverage, Margin & Risk Control

• Leverage and Margin
• Stop Losses
• Hedging

SESSION 18: Technical Analysis Strategies for FOREX

• How to Trade Forex Using Support & Resistance
• How to Trade Forex Using Fibonacci & Fibonacci Extensions
• How to Trade Forex Using Exponential Moving Averages
• How to Trade Forex Using Bollinger Bands
• How to Trade Forex Using Elliott Waves
• How to Trade Forex Using Pivot Points

SESSION 19: Profitable Chart Patterns For Forex Trading

• How to Trade Cup and Handle
• How to Trade Head & Shoulders
• How to Trade Double Tops & Bottoms
• How to Trade Rounding Tops & Bottoms
• How to Trade Wedges & Triangles
• How to Trade Flags & Pennants

SESSION 20: How To Trade Currency And Commodity Correlations