FCMA Consultancy is the dedicated metals risk-management division of Kingdom Futures Limited — established to serve commercial counterparties for whom precious and base metal price volatility is a material commercial risk.
FCMA Consultancy was established as a discrete division within Kingdom Futures Limited to serve a specific, narrow class of client — the corporate, the producer, the fabricator, the recycler. Counterparties whose income statements are structurally exposed to the daily price of metal.
We do not serve retail speculation. We do not run a directional book. Our work is the patient construction of hedging programmes that reduce the variance between what a business plans for and what the market delivers.
Every facility we run is anchored to demonstrable physical exposure, a written hedging policy, and a counterparty correctly classified under the FCA's regulatory framework.
To insulate commercial cash flows from the daily reality of metal price volatility — through disciplined, transparent, properly governed hedging.
FCMA Consultancy · A trading name of Kingdom Futures Limited
Forward sales programmes, production-aligned hedging and margin protection for primary producers, secondary refiners and recycling operators across precious and base metal cycles.
Cost-base hedging for cable producers, jewellery wholesalers, electronics manufacturers, stainless steel mills and battery precursor businesses managing forecasted physical purchases.
Multi-metal exposure overlays for treasury teams managing inventory, work-in-progress and forecasted demand against published metal benchmarks.
Inventory hedging for scrap merchants, e-waste recyclers and secondary supply chain participants where the stockpile-to-sale lag creates structural mark-to-market risk.
Forward purchase facilities for buyers of physical metal whose contracts reference LME, COMEX or LBMA pricing benchmarks, layered to match the procurement timetable.
Our approach to hedging — from suitability and onboarding through to execution and reporting — is documented in detail.
Read the Approach →