{"id":3365,"date":"2019-02-12T07:00:57","date_gmt":"2019-02-12T06:00:57","guid":{"rendered":"https:\/\/www.lcta.ch\/portfolio-articoli\/trade-finance_2019\/"},"modified":"2019-05-09T07:55:18","modified_gmt":"2019-05-09T05:55:18","slug":"trade-finance_2019","status":"publish","type":"portfolio","link":"https:\/\/www.lcta.ch\/en\/portfolio-articoli\/trade-finance_2019\/","title":{"rendered":"FINANCING OF COMMODITY TRADING ON A TRANSACTIONAL BASIS"},"content":{"rendered":"<div id='full_slider_1'  class='avia-fullwidth-slider main_color avia-shadow   avia-builder-el-0  el_before_av_section  avia-builder-el-first   container_wrap fullsize'  ><div  class='avia-slideshow av-1nayjuw-d2d7668c07b69f96797d1160d0080969 avia-slideshow-featured av_slideshow_full avia-slide-slider av-slideshow-ui av-control-default av-slideshow-manual av-loop-once av-loop-manual-endless av-default-height-applied   avia-slideshow-1' 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class=\"slideshow_align_caption\"><h2 class='avia-caption-title '  itemprop=\"name\" >COURSE<\/h2><\/div><\/div><\/div><\/div><\/div><img decoding=\"async\" fetchpriority=\"high\" class=\"wp-image-3729 avia-img-lazy-loading-not-3729\"  src=\"https:\/\/www.lcta.ch\/site\/wp-content\/uploads\/2016\/09\/sld-home.jpg\" width=\"1500\" height=\"430\" title='sld-home' alt=''  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/www.lcta.ch\/site\/wp-content\/uploads\/2016\/09\/sld-home.jpg 1500w, https:\/\/www.lcta.ch\/site\/wp-content\/uploads\/2016\/09\/sld-home-300x86.jpg 300w, https:\/\/www.lcta.ch\/site\/wp-content\/uploads\/2016\/09\/sld-home-768x220.jpg 768w, https:\/\/www.lcta.ch\/site\/wp-content\/uploads\/2016\/09\/sld-home-1030x295.jpg 1030w, https:\/\/www.lcta.ch\/site\/wp-content\/uploads\/2016\/09\/sld-home-705x202.jpg 705w, https:\/\/www.lcta.ch\/site\/wp-content\/uploads\/2016\/09\/sld-home-450x129.jpg 450w\" sizes=\"(max-width: 1500px) 100vw, 1500px\" \/><\/div><\/li><\/ul><\/div><\/div>\n<div id='av_section_1'  class='avia-section av-1jcygd4-5dd3a3b533cd3aff9fd843c251f727e0 main_color avia-section-small avia-no-shadow  avia-builder-el-1  el_after_av_slideshow_full  el_before_av_two_third  avia-bg-style-scroll container_wrap fullsize'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-3365'><div class='entry-content-wrapper clearfix'><\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='after_section_1'  class='main_color av_default_container_wrap container_wrap fullsize'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-3365'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1ie1lg8-c9a357716eed360fb21359d9dde6225e\">\n#top .flex_column.av-1ie1lg8-c9a357716eed360fb21359d9dde6225e{\nmargin-top:0px;\nmargin-bottom:0px;\n}\n.flex_column.av-1ie1lg8-c9a357716eed360fb21359d9dde6225e{\nborder-radius:0px 0px 0px 0px;\npadding:30 px 30 px 30 px 30 px;\n}\n.responsive #top #wrap_all .flex_column.av-1ie1lg8-c9a357716eed360fb21359d9dde6225e{\nmargin-top:0px;\nmargin-bottom:0px;\n}\n<\/style>\n<div  class='flex_column av-1ie1lg8-c9a357716eed360fb21359d9dde6225e av_two_third  avia-builder-el-2  el_after_av_section  el_before_av_one_third  avia-builder-el-first  first flex_column_div  '     ><style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1fqdvoo-54cd302cf31fbd384609541e98bd16bf\">\n#top .av_textblock_section.av-1fqdvoo-54cd302cf31fbd384609541e98bd16bf .avia_textblock{\ncolor:#477067;\n}\n<\/style>\n<section  class='av_textblock_section av-1fqdvoo-54cd302cf31fbd384609541e98bd16bf '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock av_inherit_color'  itemprop=\"text\" ><h1><strong>COURSE\u00a0<\/strong><\/h1>\n<h2>FINANCING OF COMMODITY TRADING ON A TRANSACTIONAL BASIS<\/h2>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1emsjyg-b6884fd1f9ee4d3467beaec5ccb04725\">\n#top .av_textblock_section.av-1emsjyg-b6884fd1f9ee4d3467beaec5ccb04725 .avia_textblock{\ncolor:#477067;\n}\n<\/style>\n<section  class='av_textblock_section av-1emsjyg-b6884fd1f9ee4d3467beaec5ccb04725 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock av_inherit_color'  itemprop=\"text\" ><h3>May\u00a014<sup>th<\/sup> 2019, 09:00-17:00<\/h3>\n<h3><em>Venue: Villa Sassa Hotel,\u00a0Via Tesserete 10, 6900 Lugano<\/em><\/h3>\n<p>LECTURER: FABIANO MANFREDI<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1c7joyw-5a00531b315a31c3b81664d0222389ac\">\n#top .hr.hr-invisible.av-1c7joyw-5a00531b315a31c3b81664d0222389ac{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-1c7joyw-5a00531b315a31c3b81664d0222389ac hr-invisible  avia-builder-el-5  el_after_av_textblock  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-16u7tew-5b820f4cc85f763ff8a9bffc6765399b '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><h1>Presentation<\/h1>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-141audk-51c67f99a748c4b96d9ca33a328f7537 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><p>From metals and coal to soft commodities, it is important to use the appropriate instrument to finance commodity trading operations. There are various types of financing solutions such as balance sheet lending, borrowing base and transactional financing. Among these, the transactional financing is certainly very used by trading companies and banks. This topic will be the object of the seminar focusing on main principles, risks and advantages, structuring and financing a single transaction and comparison with other types of financing.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-11fqsdk-ea77384d603a3cf89c382fda9d3292ca '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><h4><\/h4>\n<h4><strong>Schedule<\/strong><\/h4>\n<p>09.00-12.00 \/ 13.30-17.00 (lunch included in the course fee)<\/p>\n<h4><\/h4>\n<h4><strong><br \/>\nCourse contents <\/strong><\/h4>\n<ul>\n<li>Brief introduction to commodity trade finance<\/li>\n<li>Main types of financing (balance sheet lending, borrowing base and transactional financing)<\/li>\n<li>Why banks have developed the transactional financing &amp; short history<\/li>\n<li>Transactional financing: main principles (secured &amp; self liquidating, duration and securities)<\/li>\n<li>Presentation of the concept of sublimits &amp; examples (structuring and financing a single transaction)<\/li>\n<li>Typical risks<\/li>\n<li>Advantages and challenges compared to other type of financing<\/li>\n<li>Exercise: Structuring a credit line<\/li>\n<li>Rating: Combination of client and transactional rating<\/li>\n<li>Introduction to hedge financing<\/li>\n<\/ul>\n<h4><\/h4>\n<h4><strong><br \/>\nLecturer<\/strong><\/h4>\n<p>Fabiano Manfredi, Head of Commodity Trade Finance, Z\u00fcrcher Kantonalbank<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1c7joyw-5a00531b315a31c3b81664d0222389ac\">\n#top .hr.hr-invisible.av-1c7joyw-5a00531b315a31c3b81664d0222389ac{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-1c7joyw-5a00531b315a31c3b81664d0222389ac hr-invisible  avia-builder-el-9  el_after_av_textblock  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-nfsut4-26ae60ba04cdfd712acb38579ed27383 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><h3><strong>Course fee<\/strong><\/h3>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-n20108-45246e0ac30379932034abb56b15677d '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><ul>\n<li>\n<h3><strong>LCTA Members CHF 390<\/strong><\/h3>\n<\/li>\n<li>\n<h3><strong>Non LCTA Members CHF 490<\/strong><\/h3>\n<\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-jddako-5b1229c1de49140091219890661fe2a5 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><h3><strong>Registration<\/strong><\/h3>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-1tgvo8-20cc671025f69ec61a44ae2da077eab8 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><p>If a participant cannot attend the course, it is possible to be substituted by another person. If the absence is not notified within 5 days from the course, 30% of the fee will be withheld as part of administration costs. No notification at all will imply that the course fee will remain due to full payment, despite the non-attendance of the delegate.<\/p>\n<\/div><\/section><\/p><\/div>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-fxzmvs-9cf9410ba9322542b1712fe08d44a310\">\n#top .flex_column.av-fxzmvs-9cf9410ba9322542b1712fe08d44a310{\nmargin-top:0px;\nmargin-bottom:0px;\n}\n.flex_column.av-fxzmvs-9cf9410ba9322542b1712fe08d44a310{\nborder-radius:0px 0px 0px 0px;\npadding:30 px 30 px 30 px 30 px;\n}\n.responsive #top #wrap_all .flex_column.av-fxzmvs-9cf9410ba9322542b1712fe08d44a310{\nmargin-top:0px;\nmargin-bottom:0px;\n}\n<\/style>\n<div  class='flex_column av-fxzmvs-9cf9410ba9322542b1712fe08d44a310 av_one_third  avia-builder-el-14  el_after_av_two_third  avia-builder-el-last  flex_column_div  '     ><section  class='av_textblock_section av-eaaprs-75ad145a59cc120ad10f1f42742ee291 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><h1>Online registration by May 8th<\/h1>\n<p>Please fill the form below<\/p>\n<\/div><\/section><br \/>\n<form action=\"https:\/\/www.lcta.ch\/en\/portfolio-articoli\/trade-finance_2019\/\" method=\"post\" data-fields-with-error=\"Found errors in the following field(s):\" class=\"avia_ajax_form av-form-labels-hidden   avia-builder-el-16  el_after_av_textblock  avia-builder-el-last   \" data-avia-form-id=\"1\" data-avia-redirect='' ><fieldset><p class='  first_form  form_element form_element_half' id='element_avia_1_1'><label for=\"avia_1_1\">First name <abbr class=\"required\" title=\"required\">*<\/abbr><\/label> <input name=\"avia_1_1\" class=\"text_input is_empty\" type=\"text\" id=\"avia_1_1\" value=\"\"  placeholder='First name*'\/><\/p><p class='  form_element form_element_half' id='element_avia_2_1'><label for=\"avia_2_1\">Last name <abbr class=\"required\" title=\"required\">*<\/abbr><\/label> <input name=\"avia_2_1\" class=\"text_input is_empty\" type=\"text\" id=\"avia_2_1\" value=\"\"  placeholder='Last name*'\/><\/p><p class='  first_form  form_element form_element_half' id='element_avia_3_1'><label for=\"avia_3_1\">Business title <abbr class=\"required\" title=\"required\">*<\/abbr><\/label> <input name=\"avia_3_1\" class=\"text_input is_empty\" type=\"text\" id=\"avia_3_1\" value=\"\"  placeholder='Business title*'\/><\/p><p class='  first_form  form_element form_fullwidth' id='element_avia_4_1'><label for=\"avia_4_1\">Address <abbr class=\"required\" title=\"required\">*<\/abbr><\/label> <input name=\"avia_4_1\" class=\"text_input is_empty\" type=\"text\" id=\"avia_4_1\" value=\"\"  placeholder='Address*'\/><\/p><p class='  first_form  form_element form_fullwidth' id='element_avia_5_1'><label for=\"avia_5_1\">Company <abbr class=\"required\" title=\"required\">*<\/abbr><\/label> <input name=\"avia_5_1\" class=\"text_input is_empty\" type=\"text\" id=\"avia_5_1\" value=\"\"  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\/><input type=\"submit\" value=\"Send\" class=\"button\"  data-sending-label=\"Sending\"\/><\/p><\/fieldset><\/form><div id=\"ajaxresponse_1\" class=\"ajaxresponse ajaxresponse_1 hidden\"><\/div><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>LUGANO, May 14th 2019<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"tags":[],"portfolio_entries":[37],"class_list":["post-3365","portfolio","type-portfolio","status-publish","hentry","portfolio_entries-archivio-en"],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.lcta.ch\/en\/wp-json\/wp\/v2\/portfolio\/3365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lcta.ch\/en\/wp-json\/wp\/v2\/portfolio"}],"about":[{"href":"https:\/\/www.lcta.ch\/en\/wp-json\/wp\/v2\/types\/portfolio"}],"author":[{"embeddable":true,"href":"https:\/\/www.lcta.ch\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lcta.ch\/en\/wp-json\/wp\/v2\/comments?post=3365"}],"version-history":[{"count":0,"href":"https:\/\/www.lcta.ch\/en\/wp-json\/wp\/v2\/portfolio\/3365\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lcta.ch\/en\/wp-json\/wp\/v2\/media?parent=3365"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lcta.ch\/en\/wp-json\/wp\/v2\/tags?post=3365"},{"taxonomy":"portfolio_entries","embeddable":true,"href":"https:\/\/www.lcta.ch\/en\/wp-json\/wp\/v2\/portfolio_entries?post=3365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}