London Metal Exchange strategic pathway – how the exchange will continue to support the battery industry
The London Metal Exchange (LME) is the world centre for industrial metals trading. The prices discovered on the trading platforms are used as the global reference price and both the metal and investment communities use the LME to transfer and/or take on price risk, 24 hours a day. This presentation will show how the LME continues to support the battery industry and the growth of the electric vehicle market. .Also, it will briefly illustrate to participants on how they can use the LME to hedge the metals’ price risk to gain protection against adverse metals price fluctuations. Market access and how to manage counterparty risk will also be discussed.
Head of Corporate Sales, Asia, London Metal Exchange
Edric Koh joined the LME in 2014 and is based in the Singapore office, where he is Head of Corporate Sales in Asia. He has over 15 years of experience in commodity price risk management. Previously, Edric worked at Mizuho Bank and was responsible for marketing commodity derivatives and advising hedging strategies to corporate customers. Prior to that, he was engaged by a world-renowned airline to manage its jet fuel risk book.