Meet Samuel

Samuel Basi
Founder & Author

Samuel has over 15 years of experience in the commodities industry.

He began his career at Trafigura in Switzerland where he gained experience as a physical operator before being promoted to the deals (hedging) desk. In this role, he mitigated the outright price, arbitrage (CME/LME), and spread risks for the North and South American refined and concentrates markets across all base metals and FX exposures.

At 24, Samuel became one of the youngest physical traders in Trafigura’s history. During this time, he built out and traded the refined lead and zinc books for the domestic US market. Samuel increased the book size by 500% by building a portfolio of over 300,000mt/annum.

In 2019, Samuel joined Greenwich Metals Inc (GMI), where he built the derivatives desk from the ground up. He provided an internal brokerage to hedge GMI's physical positions, mitigating the group’s risk across refined base metals, scrap metals, concentrates, precious metals, and FX. He built a successful proprietary trading book taking speculative positions across base metals on both the LME and CME exchanges, FX, and precious metals. He combined his fundamental knowledge with quantitative, systematic trading to develop long and short-term strategies that generated significant returns. While at GMI, he was on the risk committee and held company-wide seminars on managing risk across various futures exchanges and products.

In 2023, Samuel took his 15 years of trading knowledge and created Perfectly Hedged LLC. Perfectly Hedged is a consultancy and training firm that simplifies and explains hedging; a misunderstood subject often viewed as highly technical and the cause of avoidable, costly mistakes.

Samuel authored the book, "Perfectly Hedged A Practical Guide To Base Metals", a comprehensive look at hedging in commodity firms. It is targeted to middle and back-office staff and utilizes real-world scenarios that employees will encounter daily. By pairing the book with his tailored, interactive classes, employees will obtain and retain knowledge vital to the long-term success of trading firms.

With hands-on knowledge of middle and back-office functions, he is well-equipped to address industry challenges and opportunities.

Samuel holds a BSc (Hons) in Economics from the University of Loughborough, UK.