Michael Lagana

Trader at Triland Metals Limited
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Contact Information
us****@****om
(386) 825-5501
Location
New York City Metropolitan Area

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Laurence Frost

Base Metals knowledge

Michael Purdy

I have known and worked with Michael Lagana for many years. Mike has always been the go to guy with metal hedging questions. His knowledge of the metal industry is rarely matched with experience in the old comex trading pit, mining industry, merchant and running a metals arb book. He is equally comfortable servicing corporate and fund clients. He has worked at the leading banks and trading houses of the base metal world. His experience gives him a deep and thorough of the metals businesses. A sincere and thoughtful man. An asset to any company.

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Credentials

  • NFA Series 3
    FINRA
    Feb, 2023
    - Nov, 2024
  • Jeff Weiner on Managing Compassionately
    LinkedIn
    Jul, 2022
    - Nov, 2024
  • Become a Digital Trust & Safety Leader
    LinkedIn
    Mar, 2022
    - Nov, 2024
  • How to Make Strategic Thinking a Habit
    LinkedIn
    Apr, 2021
    - Nov, 2024
  • Six Sigma Foundations
    LinkedIn
    Sep, 2020
    - Nov, 2024
  • Become a Chief of Staff with Brian Rumao
    LinkedIn
    Aug, 2020
    - Nov, 2024
  • Leading with Emotional Intelligence
    LinkedIn
    Aug, 2020
    - Nov, 2024
  • Leading with Intelligent Disobedience
    LinkedIn
    Aug, 2020
    - Nov, 2024
  • Strategic Thinking
    LinkedIn
    Aug, 2020
    - Nov, 2024
  • Business Development: Strategic Planning
    LinkedIn
    Jul, 2020
    - Nov, 2024
  • Critical Thinking
    LinkedIn
    Jul, 2020
    - Nov, 2024
  • Financial Modeling and Forecasting Financial Statements
    LinkedIn
    Jul, 2020
    - Nov, 2024
  • Learn Emotional Intelligence, the Key Determiner of Success
    LinkedIn
    Jul, 2020
    - Nov, 2024

Experience

    • United Kingdom
    • Financial Services
    • 1 - 100 Employee
    • Trader
      • Feb 2023 - Present

  • Self-employed
    • Mendham, New Jersey, United States
    • Consultant
      • Feb 2020 - Feb 2023

      * Advise domestic and international metals companies on general trading and hedging. Strategies which focus primarily on base metals, include the use of futures, options, and/or arbitrage. * Help educate staff members on trading mechanics, best price execution, spread risk management, as needed. * Advise domestic and international metals companies on general trading and hedging. Strategies which focus primarily on base metals, include the use of futures, options, and/or arbitrage. * Help educate staff members on trading mechanics, best price execution, spread risk management, as needed.

    • Software Development
    • 700 & Above Employee
    • Trust & Safety
      • May 2021 - Jan 2023

      * Ensure all accounts meet current compliance standards, including Terms of Use and Job Posting Guidelines. * Promote a safe and friendly employment marketplace by reviewing/ responding to job seeker and employer concerns or complaints. * Ensure all accounts meet current compliance standards, including Terms of Use and Job Posting Guidelines. * Promote a safe and friendly employment marketplace by reviewing/ responding to job seeker and employer concerns or complaints.

    • Design
    • 700 & Above Employee
    • Cash Operations - Merchandise Associate
      • Jan 2020 - Feb 2022

      * Perform safe audits, batch currency, and verify register contents to insure on-time store openings. * Reconcile media reports, sales summaries, monetary disbursements and prepare daily deposit. * Perform safe audits, batch currency, and verify register contents to insure on-time store openings. * Reconcile media reports, sales summaries, monetary disbursements and prepare daily deposit.

    • Canada
    • Banking
    • 700 & Above Employee
    • Director - Base Metals
      • Jun 2010 - Oct 2018

      * Collaborated with team members in three countries to provide market-making, hedging, and overall high-touch client relations for base metals customers across six continents. * Trader role included account management of and owning the revenues associated with the copper arbitrage book, the CMX customer swap portfolio and the US based copper leasing program. * Sales and customer service role included onboarding new commercial clients, updating business data into Salesforce, and brokering of CMX + LME futures, options + derivatives. * Assisted in early stage adoption of new risk management system to global base metals business. Show less

    • Belgium
    • Banking
    • 700 & Above Employee
    • Vice President - Base Metals Risk
      • Jul 2007 - Jun 2010

      * Worked through the restructuring of former financial institution Fortis after the Bank’s nationalization and eventual sale to BNP Paribas. * Sales -Trader roles included onboarding customers, being a marketer of LME metal futures and options, as well as trading of copper arbitrage and base metals derivatives. * Worked through the restructuring of former financial institution Fortis after the Bank’s nationalization and eventual sale to BNP Paribas. * Sales -Trader roles included onboarding customers, being a marketer of LME metal futures and options, as well as trading of copper arbitrage and base metals derivatives.

  • UBS Securities LLC
    • New York City Metropolitan Area
    • Director - Base Metals Trading
      • Oct 2006 - May 2007

      * Joined UBS after a partial corporate buyout of ABN AMRO prompted a reconfiguration of the base metals team. * Contributed to a metals group that recorded revenue of $150+ million ending 2006. * Collaborated with existing precious metals and options team to set up CMX copper swap book and provide customer arbitrage trading capabilities. * Joined UBS after a partial corporate buyout of ABN AMRO prompted a reconfiguration of the base metals team. * Contributed to a metals group that recorded revenue of $150+ million ending 2006. * Collaborated with existing precious metals and options team to set up CMX copper swap book and provide customer arbitrage trading capabilities.

    • Netherlands
    • Banking
    • 700 & Above Employee
    • Vice President - Base Metals
      • Jul 2002 - Oct 2006

      * Broker - Dealer of LME and CMX futures, options and derivatives. * Helped build base metals revenue from zero to $40+ million in four years. * Developed new customer relationships, facilitated onboarding and account documentation, managed CMX copper averaging portfolio and assisted clients in copper and aluminum arbitrage trading. * Broker - Dealer of LME and CMX futures, options and derivatives. * Helped build base metals revenue from zero to $40+ million in four years. * Developed new customer relationships, facilitated onboarding and account documentation, managed CMX copper averaging portfolio and assisted clients in copper and aluminum arbitrage trading.

Education

  • New Mexico State University
    MBA, BA, Philosophy, Accounting

Community

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