Industry
Metals
Precious & base metals hedging with LME/COMEX precision. & refined products.
Metals trading involves unique pricing conventions, prompt date structures, and exchange-specific mechanics. Veridian Pulse's metals-focused capabilities handle LME prompt dates, COMEX contract specs, and cross-currency exposure — giving metals trading desks and treasury teams complete control over their hedging programs.
Industry Challenges
LME prompt date structure is unique and requires specialized date handling
Cross-currency exposure adds FX risk on top of commodity price risk
Physical delivery optionality (warehouse, location) complicates valuation
Precious metals carry costs and lease rates need separate modeling
Hedging programs span multiple exchanges and OTC counterparties
How Veridian Pulse Helps
Native LME prompt date calendar with correct business day conventions. Tom/next, cash, 3-month, and dated contracts.
Unified view across LME, COMEX, SHFE, and OTC markets. Consistent valuation methodology across all venues.
Integrated FX and commodity risk. See net exposure after FX hedging and commodity hedging combined.
Mark physical inventory to market using exchange prices and location premiums. Track refining charges and delivery costs.
Precious metals carry cost calculations, lease rate analytics, and forward curve construction from swap rates.
IAS 39 / IFRS 9 hedge accounting documentation for metals hedging programs. Retrospective and prospective testing.
Protect margins. Control hedging risk.
Join leading commodity trading firms using Veridian Pulse to manage derivatives exposure across energy, metals, agriculture and FX.
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