Perfectly Hedged: A Practical Guide To Base Metals - Softcover

Basi, Samuel

Softcover

ISBN 13: 9798295670114

Verlag: Samuel Basi, 2026

Inhaltsangabe

The Essential Guide to Commodity Hedging, Risk Management, and Margin Protection In commodities trading margins are thin, risk is constant, and small hedging mistakes can cost millions. Perfectly Hedged breaks down the complex world of commodity hedging into a clear, practical framework that professionals can actually apply. Hedging is often treated as highly technical, or reserved for front-office traders. In reality, it is the backbone of every successful trading firm. When executed correctly, hedging protects margins, stabilizes P&L, and creates competitive advantage. When poorly understood, it destroys value. This book removes the complexity. Across 18 structured chapters, Samuel Basi translates hedging theory into practical application, making it accessible for traders, middle-office professionals, operations teams, risk managers, and anyone working in base metals or physical commodities. Unlike traditional industry texts filled with unnecessary jargon, this guide focuses on: ¿ Clear, straightforward explanations ¿ Real-life trading examples ¿ Practical risk management frameworks ¿ Common (and costly) hedging mistakes ¿ End-of-book knowledge quiz to reinforce learning You will learn how to: Understand how metal prices are determined Execute hedges with confidence Manage positions and protect P&L Navigate arbitrage and spreads Avoid margin and pricing errors Use options and FX hedging effectively Think like a risk manager Whether you work in trading, operations, finance, or risk, this book gives you the tools to immediately improve decision-making and strengthen your firm's performance. Inside the Book:Introduction to Hedging What Hedging Is and Why It Is Necessary How Metal Prices Are Determined Hedging in Practice The Perfect Hedge Position Management Physical Shipments How to Become a P&L Generator Hedging Errors Warrants Arbitrage Premium Hedging Foreign Exchange Hedging Spread Cards Initial & Variation Margin Simple Option Contracts for Hedging Price Participation Shanghai Futures Exchange "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

Über diesen Titel

Über die Autorin bzw. den Autor

Samuel Basi is a commodities trader, risk-management specialist, and founder of Perfectly Hedged LLC. He began his career in 2009 at Trafigura, one of the world's largest commodity trading firms, where he spent over a decade trading, hedging, and managing risk across global base-metal markets.Starting in operations and moving onto the hedging and trading desks, Samuel worked across aluminum, zinc, lead, and copper, with exposure spanning Europe, the Middle East, Asia, and the Americas. At just 24 years old, he became one of the youngest physical traders in Trafigura's history, building and running large-scale physical trading books with both domestic and international flows. During his tenure, he significantly expanded traded volumes, managed complex arbitrage and spread risk across the LME and CME, and played a key role in the marketing and integration of the Nyrstar Clarksville zinc smelter following Trafigura's acquisition of Nyrstar.In 2019, Samuel joined Greenwich Metals Inc., where he built and led the derivatives desk from the ground up. Alongside managing firm-wide risk, he ran a proprietary trading book and developed discretionary and systematic strategies across futures and options markets. He also served on the firm's risk committee and regularly delivered internal training on market risk, margin, and exchange mechanics.In 2023, Samuel founded Perfectly Hedged LLC to address a gap he saw throughout the industry: a lack of practical, accessible education around hedging and physical commodity risk. His work focuses on demystifying complex topics and reducing the costly, avoidable mistakes that often occur between front, middle, and back office teams.He is the author of Perfectly Hedged: A Practical Guide to Base Metals and The Physical Trade: A Definitive Guide to Physical Commodity Trading. His books combine real-world trading experience with clear explanations, practical examples, and insights rarely found in traditional commodity literature. They are written for professionals across trading, operations, finance, and risk, as well as anyone looking to understand how physical commodity markets truly work.

Details zur Ausgabe

• Verlag: Samuel Basi
• Erscheinungsdatum: 2026
• Sprache: Englisch
• ISBN 13: 9798295670114
• Einband: Taschenbuch
• Anzahl der Seiten: 148
• Kontakt zum Hersteller: Nicht verfügbar
• Verantwortliche Person: gpsr@libri.de; gpsr@libri.de; ; Europaallee 1; Bad Hersfeld; 36244; Deutschland