MXV training on derivatives trading

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

In two days, March 19 in Hanoi and March 21 in Ho Chi Minh City, the Vietnam Commodity Exchange (MXV) will prepare to organize a training course on the topic "Methods of market analysis and building trading ideas" for business members and brokerage members in the field of derivatives trading in Vietnam.

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

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

This event has special significance for MXV and its derivatives trading members in the context of Vietnam's efforts to upgrade its comprehensive partnership with countries in the region, especially after General Secretary To Lam's visit to Indonesia, the ASEAN Secretariat and Singapore.

In 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 bring practical contents, from portfolio risk management methods, market dynamics analysis, to the application of risk hedging strategies and real trading simulations. Specific and practical examples of trading iron ore, wheat and silver will help Vietnamese investors come up with 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 does not only stop at theory but also aims to equip traders with essential tools to deal with unexpected market fluctuations.

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

Experts from ITS will guide attendees 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 exchanges in the region. At this training session, representatives of SGX - an exchange recognized globally for its risk management and clearing capabilities - will share about iron ore and rubber derivatives - two commodities that have been and are being listed and traded on MXV. Iron ore is Asia’s first global commodity traded globally with a trading volume of up to 5.8 billion tonnes per year. Of which, 70% of this volume is traded via SGX. In addition, SGX also introduced two standard rubber futures products, TSR20 and RSS3. The SGX-SICOM settlement price is 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 their views on palm oil contracts, a product in which Malaysia is leading global prices, as well as their experience 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 improve its position in the global supply chain.

ACM from Indonesia also introduced Nano Contracts, a product that MXV has cooperated to deploy in Vietnam, opening up opportunities for individual investors to participate in the market at low costs, while increasing liquidity.

The participation of SGX, ACM and BMD shows that MXV is increasingly asserting its position in the region. This is not only a training event but also an opportunity for Vietnam to connect with international financial institutions, attract investment, develop new trading products and enhance the domestic commodity market.

This is the time for Vietnamese investors, businesses and traders to step up to a new level in the field of derivatives.

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