Aidan contributed a chapter to the world trade organisations inaugural book on trade financing mechanisms. Global finance editors select the winners for both the trade finance awards and supply chain finance awards with input from industry analysts, corporate executives and technology experts. Structured commodity finance financing for commodity. Click download or read online button to get international structured trade commodity finance book. Dealing with complicated implementation issues in a forthright and comprehensive fashion, it is an essential tool for navigating the procedures of international trade finance. It examines the supplydemand fundamentals of several major and minor commodities, physical characteristics, production and consumption patterns, trade flows and pricing mechanisms. His first structured transaction was in russia in 1983 and was financed by an islamic commodity fund. Previously he was head of structured trade and commodity finance at banco santander central hispano bsch in london, where he set up this product and was active in the structured trade finance market throughout the period of the emerging markets crisis in 199699 without a single loss on his portfolio. This book addresses key topics relating to international trade. Our goal is that, aware of contemporary and advanced trade and structured trade finance drivers and structures as used in the main financial centres, attending delegates will be able i. Structured trade and commodity finance redcliffe training. We advise banks and other financial services companies on a variety of trade and commodity financing matters. Commodities trading and finance experience haynes and. Structured trade and commodity finance in emerging markets 1st.
Trade and commodity finance products global trade finance program gtfp 37 global trade liquidity program gtlp 89 critical commodities finance program ccfp 810 working capital solutions. The editors also use entries submitted by financial services providers, as well as independent research, to evaluate a series of objective and subjective factors. If you have 3 or more participants, it may be cost effective to have this course presented inhouse via live webinar for you. Swaps, futures, options, trade options, and various structured hedging transactions. Trade finance is a bouquet of techniques used by banks and corporates to either finance or mediate flow of funds from buyers to sellers in international. By way of the use of a totally analytical technique, the author succeeds in providing in depth insights into every the fundamentals and the strategies of stcf. The conclusion is that hungarian agricultural enterprises are subsidy dependent. This is a specialised activity dedicated to the financing of highvalue supply chains. Structured trade and commodity finance ebook, 2002. The chapter closes with a discussion of assetbacked securities and nonbank financing, the latter growing increasingly important for commodity production and trade. A guide for developing countries and economies in transition and has written trade. This unique book analyses the economics of key commodity groups, including energy, agriculture and metals. Using case studies and role plays, this workbook teaches both the theory and practical application.
Read structured trade and commodity finance in emerging markets by john macnamara for free with a 30 day free trial. On completion of the course, the reader will be prepared to structure and understand complex trade and commodity deals. Practical applications in complex transactions palmer, howard, matlach, y. Structured trade and commodity finance howard palmer. Structured trade and commodity finance in emerging markets structured trade. If you have 3 or more participants, it may be cost effective to have this course. On completion of the course, the reader will be prepared to structure and understand complex trade and.
Structured trade and commodity finance international financial transactions are based on several financing philosophies, whose application is affected by the course of economic growth and development within an individual national economy. Structured trade finance in action 1 typical commoditytype deal. By way of the use of a totally analytical technique, the author. Download structured commodity finance, 2nd edition pdf ebook. Product specialist in trade finance and structured inventory products. Product specialist in trade finance and structured. We regularly advise on transactions that are secured and unsecured. Structured trade and commodity finance global trade. Read structured trade and commodity finance in emerging. International financial transactions are based on several financing philosophies, whose application is affected by the course of economic growth and development within an individual national economy. Trade finance is a bouquet of techniques used by banks and corporates to either finance or mediate flow of funds from buyers to sellers in international markets. Use the form below to tell us about your inquiry, and well call you back to schedule an appointment. What is the difference between trade finance and structured.
We advise banks and other financial services companies on a. This explains the sensitivity of the g20 to ctf and, for example, the. Structured trade finance structured trade finance is a specialized shortterm or mediumlongterm up to 5 years financing against commodity trade flows. An authoritative guide to structured trade and commodity finance in emerging markets.
The impact of basel iii on commodity trade finance. It is an increasingly important area of emergingmarkets lending, but its potential pitfalls have given it a poor image among parts of the financial community. I can write a lot on this but would try to summarise. Structured trade and commodity finance understand fully the purpose and role of structured trade and commodity finance. What can go wrong and how to avoid it by macnamara, john and a great selection of related books, art and collectibles available now at.
International structured trade commodity finance download. This explains the sensitivity of the g20 to ctf and, for example, the involvement of unctad in several leading initiatives. Mar 05, 2020 structured finance is a highly involved financial instrument offered to large financial institutions or companies that have complex financing needs that dont match with conventional financial. Operational excellence via a dedicated international trade services department. You may also email or call us to make an appointment. Structured commodity finance scf as covered by trade finance is split into three main commodity groups. By using a thoroughly analytical approach, the author succeeds in providing in depth insights into both the fundamentals and the techniques of stcf. John macnamara sets out the framework that makes up structured. The chapter closes with a discussion of assetbacked securities and non. Structured trade and commodity finance is defined as crossborder trade finance in emerging markets where the intention is to get repaid by the liquidation of a flow of commodities. Scf is a financing technique utilised by a number of different companies, primarily producers, trading houses and lenders. However, in contrast to other parts of the corporate loan market, it is a much less standardised market not even the word order of the heading is standardised across all banks, never mind the makeup of which structures. Purchase structured trade and commodity finance in emerging markets 1st edition.
By using a thoroughly analytical approach, the author succeeds. Structured trade and commodity finance john macnamaras timely report looks at the principles and practice of structured trade and commodity finance deals and what can go wrong. An example of this is structured commodity finance in relation to oil transactions and taking security around assignments of offtake agreements. International trade finance a pragmatic approach t.
Rudolf kirchmayr searching guide that you like to read first or locate an appealing book. Click download or read online button to get international structured trade commodity finance book now. This site is like a library, use search box in the widget to get ebook that. Structured trade and commodity finance, what can go wrong and. Russell young is an experienced sales and operations professional and is the operating officer at tempus trade partners, a trade focused management consultancy. John macnamaras timely report looks at the principles and practice of structured trade and commodity finance deals and what can go wrong. Structured trade and commodity finance in emerging markets by john macnamara. An example of this is structured commodity finance in relation to oil. Structured trade and commodity finance by macnamara, john. Structured trade and commodity finance by macnamara, john ebook.
Ebook download ebook international structured trade. Structured trade and commodity finance by john macnamara. Analysing nonperformance risk in structured commodity. We usually see these types of finance set alongside the supply chain and able to be structured to work around terms agreed in large structured bilateral. Structured trade and commodity finance this is a specialised activity dedicated to the financing of highvalue supply chains. It typically takes the form of prepayment financing or preexport financing, structured around the supply chain and commercial terms of customers, and may use export contracts. Open library is an open, editable library catalog, building towards a web page for every book ever published.
Dealing with complicated implementation issues in a forthright and. Structured trade and commodity finance in emerging markets. A clear explanation of typical structures and risk mitigation techniques. The idea behind a structured commodity transaction is that it will secure the trade in alternative ways and bring in lending that is not vanilla. Master the latest structured commodity trade finance techniques and how to use the most popular trade finance instruments and financing structures. A combination of a client centric approach, in depth knowledge of trade flows and commodity supply value chain expertise. Worlds best trade finance providers 2019 global finance.
Ifcs structured trade and commodity finance initiative stcf is a collaborative solution to maintain and extend the availability of financing for the trade of critical commodities in emerging markets. Include what industry you need service for along with any specific document requests. Structured trade finance stf is a specialist and more complex type of finance, which is usually associated with commodity trading or other high value underlying products or large quantities. Russell young is an experienced sales and operations professional and is the operating officer at. They tend to be more longterm sometimes up to five years. The impact on commodity trade finance ctf trade finance is fundamental to commodity trade and to international development. Our goal is that, aware of contemporary and advanced trade and structured trade finance drivers and structures as used in the main financial centres, attending delegates will be able i to identify trade finance opportunities within their own markets, ii better understand and analyse implied risks and iii use or adapt these structures to provide lending solutions for the.
A detailed study of the problems and opportunities presented by structured trade. T pm without these, only 40% of hungarian holdings could realize some profit. Structured commodity finance or scf is a sophisticated commoditybased method of trade finance that is used exclusively to finance transactions involving the import, export or foreign trade of commodities. Every loan is tailormade to client, transaction and region. This book is required reading for everyone interested in building viable trade.