Masterclass: Foundations of Commodity Markets

The Masterclass: Foundations of Commodity Markets is a practical, in-depth exploration of the underlying mechanics of physical and financial commodity markets, as well as the techniques employed by trading & hedging firms to collect and process fundamental information, providing an informed perspective on the future of prices. Topics include:

  • Commodity Market Participants
  • Physical & Financial Commodity Markets
  • Traditional Fundamental Analysis
  • Quantitative & Non-Traditional Data Analysis
  • Understanding Volatility
  • Understanding Risk
  • Developing a Cohesive View of the Market
  • Overview of Trading & Portfolio Management

Foundations of Commodity Markets provides a comprehensive knowledge base for new commercial hires on the trading desk, offering a valuable commercial perspective for quants, analysts, risk managers, structurers, and middle-office staff immersed in the global commodity markets.

Course Format

This course offers 25 hours of learning through pre-recorded lectures, interactive live discussions with the instructor, assigned readings, and assessments—designed to keep you engaged and ensure practical understanding.

from Foundations to Execution: Your Commodity Masterclass Journey

After building your core knowledge in Masterclass: Foundations, take Class 2 — Masterclass: Commodity Trading & Hedging — to apply those concepts directly to trading strategies, risk management, and market execution.

About the Instructor

Joel Rubano is a commodity trader with over 25 years of experience in energy trading. He has hedged the financial exposures of multi-billion-dollar asset portfolios and managed speculative trading books at six different firms in the power, natural gas, oil, and coal sectors.

Mr. Rubano founded Instradev, LLC, a consultancy that offers multi-day trader development and risk management programs for energy and financial firms, and lectures to MBA and master's classes at leading universities. He is the author of Trader Construction Kit, a practical guide to developing the skills and techniques employed by professional traders, currently in its second edition.