MXV provides training on commodity derivatives trading.

MXV will organize training for trading members and brokerage members in the field of commodity derivatives trading in Vietnam.

Over two days, March 19th in Hanoi and March 21st in Ho Chi Minh City, the Vietnam Commodity Exchange (MXV) will be organizing a training course on the topic of "Market Analysis Methods and Trading Idea Development" for trading members and brokers in the field of commodity derivatives trading in Vietnam.

This is the first year the training session has included representatives from the Indonesian Commodity Futures Trading Authority and three leading ASEAN commodity exchanges: the Singapore Commodity Exchange (SGX); the Bursa Malaysia Commodity Exchange; and the Asia Commodity Marketplace (ACM of Indonesia). These are also strategic partners of MXV.

Andy Tan, Director of Inspirante Trading Solutions Pte Ltd (ITS), shared this at the 2024 training event.

This event holds particular significance for MXV and its derivatives trading members in the context of Vietnam's efforts to upgrade its comprehensive partnerships with countries in the region, especially following General Secretary To Lam's visits to Indonesia, the ASEAN Secretariat, and Singapore.

At this training session, Inspirante Trading Solutions Pte Ltd (ITS) from Singapore – a reputable company in the field of providing commodity trading and risk management solutions – will offer practical content, ranging from portfolio risk management methods and market dynamics analysis to the application of risk hedging strategies and realistic trading simulations. Specific and practical examples of trading iron ore, wheat, and silver will help Vietnamese investors develop effective and appropriate trading strategies.

Through case studies and lessons learned from international markets, ITS provides in-depth insights to help MXV members improve their trading skills and optimize profits.

Mr. Nguyen Duc Dung, Deputy General Director of MXV, said that this year's training program not only focuses on theory but also aims to equip traders with essential tools to cope with unexpected market fluctuations.

“From macro to micro risk management, we want MXV members to be able to identify and avoid adverse fluctuations, while optimizing profits,” Mr. Dung shared.

Experts from ITS will guide participants through case studies and lessons learned from international markets, opening up opportunities to enhance skills and access advanced trading strategies.

One of the highlights of this year's event is the participation of major regional exchanges. At this training session, representatives from SGX – a globally recognized exchange known for its risk management and clearing capabilities – will share insights on iron ore and rubber derivatives contracts, two commodities already listed and traded on MXV. Iron ore is Asia's first globally traded commodity, with a trading volume of up to 5.8 billion tons per year. Of this, 70% is traded through SGX. In addition, SGX will introduce two standard rubber futures contracts: TSR20 and RSS3. SGX-SICOM settlement prices are widely used in the global rubber value chain to price rubber products such as lump rubber, processed rubber, and tires.

Mr. Nguyen Duc Dung - Deputy General Director of MXV at the 2024 training event.

Meanwhile, representatives from Bursa Malaysia Derivatives (BMD) will share insights on palm oil contracts, a product in which Malaysia leads global pricing, along with experiences in standardizing rubber quality and building logistics infrastructure. As the world's third-largest rubber exporter, Malaysia offers valuable lessons that Vietnam can apply to enhance its position in the global supply chain.

The ACM exchange from Indonesia also introduced nano-contracts, a product that MXV has collaborated on in Vietnam, opening up opportunities for individual investors to participate in the market at low cost, while increasing liquidity.

The participation of SGX, ACM, and BMD demonstrates MXV's growing prominence in the region. This is not just a training event, but also an opportunity for Vietnam to connect with international financial institutions, attract investment, develop new trading products, and elevate the domestic commodity market.

This is the time for Vietnamese investors, businesses, and traders to collectively reach new heights in the field of commodity derivatives.

Source: https://congthuong.vn/mxv-tap-huan-ve-giao-dich-hang-hoa-phai-sinh-378693.html