Global Collaboration Announcement: Commodity Trading Club and CMT Association Join Forces to Enhance Industry Standards and Education

For Immediate Release:

[New York/Geneva, Oct 31, 2024] - Commodity Trading Club (CTC) and Chartered Market Technician (CMT) Association are excited to announce a new collaboration aimed at advancing industry standards and education within the commodities trading sector. This strategic partnership brings together two prominent entities in the finance world to empower traders, analysts, and professionals with enhanced resources, networking opportunities, and educational offerings.

Commodity Trading Club, a leading platform for traders and investors in the commodities market, has established itself as a hub for knowledge exchange, market insights, and community engagement. With a commitment to fostering innovation and excellence in commodity trading, CTC has attracted a global audience of passionate individuals seeking to navigate the complexities of commodity markets effectively.

Through this collaborative endeavor, Commodity Trading Club and CMT Association aim to:

Enhance Education:

Technical analysis plays a critical role in helping businesses manage their exposure to commodity price risks effectively, refining the timing and structure of hedge or speculative positions to reduce cost and stabilize cash flow volatility. The CMT Program is critical skill development for equipping professionals with the knowledge and skills needed to succeed in dynamic commodity markets. For example:

·?Emotional Control through Data-Driven Decisions

Commodity prices can be highly reactive to news, leading to emotional trading. Technical analysis provides a structured framework, allowing traders to rely on objective signals from the market rather than emotions from developing narratives.

· Confirmation of Fundamental Analysis

Many trade and hedging decisions are based on fundamental factors like harvest yields, geopolitical risks, weather conditions, or production reports. Technical analysis helps confirm the timing and effectiveness of these decisions by providing insights into how markets are reacting to these factors.

· Risk Management and Cost Optimization

Technical analysis highlights support and resistance levels, which are critical for planning trade strategies. Hedging can be costly, and over-hedging can reduce profitability. Technical tools like stop-loss orders or trailing stops help businesses refine their exposure and minimize cash flow volatility and improve revenue forecasts. Understanding the polarity principle (support, once broken, becomes resistance) of key price levels, for example, allows for disciplined action when markets diverge from anticipated trends.

·?Volatility Assessment for Dynamic Hedging Strategies

Technical tools such as Average True Range (ATR) or Bollinger Bands help monitor volatility allowing traders to adapt to periods of heightened volatility with dynamic hedging strategies.

·?Monitoring Performance and Adjustments

After initiating a position (long/short), companies need to continuously monitor its performance. Technical indicators provide real-time signals that help businesses adjust their positions when market conditions change. In fast-moving commodities markets, it’s essential to time entries and exits accurately. Price and momentum-based studies such as moving averages, RSI, and MACD help pinpoint optimal moments to buy or sell.

Promote Industry Standards:

By fostering dialogue and collaboration among industry stakeholders, Commodity Trading Club and CMT Association will work together to promote best practices, ethical standards, and professionalism within the commodities trading community. Through joint initiatives, they will address market structure changes while advocating for the adoption of rigorous standards and guidelines that uphold the integrity and credibility of the industry.

Facilitate Networking:

Recognizing the importance of networking and peer-to-peer collaboration, the partnership will provide members of both organizations with enhanced opportunities to connect, share insights, and build relationships. From virtual events and webinars to conferences and workshops, members will have access to a diverse range of networking platforms designed to foster collaboration and knowledge exchange.

Knowledge Exchange:

The partnership between CMT Association and Commodity Trading Club opens up extensive knowledge exchange opportunities, fostering a rich environment for learning and professional growth. While core concepts in technical analysis may stand the test of time, implementing and applying the ideas changes rapidly. By sharing resources, expertise, and industry insights, both organizations can significantly enhance their members' understanding of commodity markets and technical analysis. This synergy not only promotes continuous education but also strengthens the community, enabling members to stay at the forefront of market developments and innovations.

The Commodity Trading Club is the World’s largest Commodities Community with over 80’000 professionals worldwide. Its members are mainly active in Commodities Trading, Shipping and Trade Finance. The Club organizes outstanding events in key trading hubs, provides outstanding education courses and offers services to develop career paths and grow business internationally.

"We are excited to embark on this strategic partnership with CMT Association, a leader in technical analysis and professional education. This collaboration marks a pivotal moment for the Commodity Trading Club as we strive to enhance the quality of education and industry standards in the commodities trading sector. By combining our expertise and resources, we aim to empower our members with access to cutting-edge educational programs, advanced analytical training, and invaluable networking opportunities. Together, we will create a vibrant community of professionals equipped to navigate the complexities of the global commodities markets, driving innovation and success within the industry. We believe this partnership will not only elevate individual careers but also contribute to the overall integrity and professionalism of the commodities trading community." — COMMODITY TRADING CLUB

CMT Association, renowned for its dedication to technical analysis and the elevation of professional standards in financial markets, boasts a rich history of empowering market technicians through credentialing, ethics, professional education, and networking initiatives. With a global membership base across 137 countries, CMT Association serves as a trusted resource for securities analysis, cross-asset and global macro research, and best practices for trading, hedging, and risk management.

"We are thrilled to announce the recent partnership between CMT Association and Commodity Trading Club. This collaboration represents a significant opportunity to enhance education and professional development in technical analysis for market professionals in the physical and futures markets. By joining forces, we aim to provide Commodity Trading Club members with access to an industry-leading certification via the CMT Program. And, open dialogue between our communities that can further research into the dynamics between current supply/demand conditions in the spot prices, and market expectations or sentiment derived from the futures markets. Together, our global communities will empower commodity market professionals and investors writ-large with a diverse network like-minded professionals committed to navigate the complexities of global supply chains and price dynamics across energy, metals, and agricultural commodities." Tyler Wood, CMT CEO & Executive Director, CMT Association, Inc.

The partnership between Commodity Trading Club and CMT Association represents a significant milestone in the evolution of the commodities trading industry. By combining their expertise, resources, and networks, both organizations are poised to make a lasting impact on the profession, empowering professionals with the tools and insights needed to succeed in today's rapidly evolving markets.

For more information about Commodity Trading Club, please visit https://www.commoditytrading.club/.

For more information about CMT Association, please visit https://cmtassociation.org/.

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