In the fast-paced world of commodity trading, where billions of dollars’ worth of oil, gold and grain change hands every day, the “right” credentials can feel like a moving target. There are many aspiring traders who ask whether they need a Master’s in Finance (MiF) to get into the industry or whether they should just…
Read MorePosts by David Soffer
The Role of Commodity Trading in Developing Infrastructure
When thinking about a country’s progress, it is easy to visualise surfaces of roads, wires of power grids, and structures of ports and pipelines. But below just about every significant development in the emerging world markets, a commodity trade network is making it happen. Ports, energy grids, and just about anything else being developed in…
Read MoreHow to Build Resilience in Commodity Trading Portfolios
Commodity trading portfolios navigate a world complex and interrelated by uncertainty, volatility and global dynamics. Potential influences on an asset’s price include geopolitical, climatic and economic factors. Resilience is necessary, not optional, for a profit-generating portfolio. A durable portfolio should expect to take losses because that is a part of trading; however, these losses should…
Read MoreHow Commodity Traders Use Price Curves
Commodity trading relies on understanding how prices evolve over time, not just what they are today. Forward (or futures) price curves portray the market’s current expectations and future price risks, helping traders manage risks while capturing future price opportunities. In an industry characterised by margin compression and increasing competition, analytical frameworks that quantify and manage…
Read MoreCommodity Spot vs Futures Prices
Whether you are new to commodity trading or looking to sharpen your understanding of how markets work, few concepts are as fundamental, or as frequently misunderstood, as the difference between spot prices and futures prices. On the surface, the distinction seems simple: one reflects what a commodity costs right now, and the other reflects what…
Read MoreHow To Launch A Career In Private Banking
Private banking has always been seen as one of the most competitive and respected careers in financial services. The path into the industry looks very different from what it did ten years ago. Technology has changed how banks operate, clients expect more personalised service and regulation is tighter than ever. To stand out today, candidates…
Read MoreHow Commodity Trading Firms Set Risk Limits
Commodity trading involves significant financial exposure. Prices can move quickly due to changes in supply and demand, geopolitical developments, or shifts in global economic conditions. Changes in prices can create opportunities, but they also bring risk. To manage this uncertainty, commodity trading firms establish risk limits. These limits help control how much exposure a trader or…
Read MoreMost Overlooked Skills Private Banking Recruitment
Wealthy clients, unique credentials, impressive management, elite institutions and an array of assets; these are the hallmark traits of private banking. But with the ever-changing competitive landscape of wealth management, having a well-rounded CV and technical knowledge is likely not enough to cut it. Private banking relies on trusted expertise and someone who can acknowledge…
Read MoreHow To Enter Private Banking Without Wealthy Clients
Private banking is often associated with experienced advisers who already manage a portfolio of wealthy clients. Because of this, many professionals assume that moving into the industry is impossible without bringing a client base with them. In reality, many private banks hire candidates who do not yet have wealthy clients, particularly for junior or transitional…
Read MoreWhy Private Banks Value Niche Wealth Expertise
The Generalist was the most important person in private banking in the past. A High-Net-Worth Individual (HNWI) wanted their banker to be able to do a lot of different things, like give investment advice, plan taxes and act as a concierge. But the tide has changed as the world’s wealth becomes more divided and complicated.…
Read More