Nicholas Savidge

Base, Battery and Bulk Metals Commodity Derivatives Trader

Lucerne Metropolitan Area

About

Experienced metals derivatives/paper trader across both LME and SHFE base metals with a most recent focus specialising in the Nickel market. Extensive back to front office knowledge of industrial metals in the commodities sector as well as involvement in precious metals and FX. Solid track record and positive PnL generator. Execution and trading experience across all base and precious metals (copper, aluminium, lead, zinc, nickel, tin, gold, silver, platinum, palladium), FX, energy, ferrous metals and battery metals. Energetic, motivated and reliable professional who works well under extreme pressure, strong ability in prioritising workloads and problem solving, meeting deadlines and managing both clients and contacts effectively. Responsible for the strategic planning of proprietary trading from inception and idea generation to execution and risk management. Good knowledge of INCOTERMS and hedging the company’s physical risk exposures across concentrates and refined metals trading desks. Published a weekly market analysis report sent to a wide internal audience including all global paper and physical book heads across the suite of base metals, as well as the CEO and chief economist. Spent two years in Shanghai, China learning about the physical side of the business, which included backpricing, arbitrage, physical hedging, optionality and sharing market views with clients.

Experience

  • Base Metals and Bulks Commodities Trader at UniCredit
    Dec 2022 - Present · 3 yrs 8 mos

  • Trafigura (Full-time · 5 yrs 1 mo)
    • Global Head of Nickel Derivatives Book - Nickel Derivatives Trader
      Nov 2017 - Mar 2021 · 3 yrs 5 mos

      Global Head of Nickel Derivatives Book since Nov2018 trading a range of strategies for the Nickel paper book including outright flat price, spreads, arbitrage and options across both LME and SHFE Previously covered trading and execution of LME and SHFE Aluminium, Copper, Lead, Zinc and Tin as well as precious metals and FX Responsible for the strategic planning of proprietary trading from inception and idea generation to execution and risk management Hedging the company’s physical exposures across physical concentrates and refined metal desks Published a weekly Nickel market analysis report sent to a wide internal audience Member of weekly macro committee meeting consisting of all global paper and physical book heads across the suite of base metals including the CEO and chief economist

    • Trader
      Mar 2016 - Nov 2017 · 1 yr 9 mos

      Base metals trader across LME and SHFE markets. Also active in precious metals.

  • Galena Asset Management (Full-time · 5 yrs)
    • Trader
      Sep 2013 - Mar 2016 · 2 yrs 7 mos

      Trader, also responsible for all of the Execution, for the Galena Hedge Fund with regards to all base and precious metals.

    • Analyst
      Apr 2011 - Sep 2013 · 2 yrs 6 mos

      Analyst (desk assistant) for all of the Galena Asset Management Group's Funds.

  • Equity Analyst at HSBC
    2003 - 2005 · 2 yrs