The London Metal Exchange (LME) is the futures exchange with the world’s largest market in options and futures contracts on base and other metals. LME Inventory Reports Contains Previous Day Closing Stock of Commodities held in London Metal Exchange.
The London Metal Exchange(LME) is the world center for the trading of industrial metals – the majority of all non-ferrous metal futures business is transacted on our platforms. In 2019, 176 million lots were traded at the LME equating to $13.5 trillion and 4.3 billion tonnes notional with a market open interest (MOI) high of 2 million lots.
A member of HKEX Group, the LME brings together participants from the physical industry and the financial community to create a robust and regulated market where there is always a buyer and a seller, where there is always a price and where there is always the opportunity to transfer or take on risk – 24 hours a day.
Investors value the LME as a vibrant futures exchange but also for its close links to industry. The possibility of physical delivery via the world-wide network of LME-approved warehouses makes it the perfect hedging venue for industry and provides a reference price they trust.
The Exchange provides producers and consumers of metal with a physical market of last resort and, most importantly of all, with the ability to hedge against the risk of rising and falling world metal prices.
Ring Dealing Members
Ring Dealing Members are entitled to trade in the Ring during the ring-trading sessions. They may also operate a 24-hour market by trading inter-office. All Ring Dealing Members, as members of the LME Clear, are authorized under the Financial Services and Markets Act 2000 and are regulated by the Financial Conduct Authority.
Ring Dealing Members are Clearing Members, who hold the exclusive right to trade in the ring
- Amalgamated Metal Trading Ltd
- E D & F Man Capital Markets Limited
- Marex Financial Ltd
- Metdist Trading Ltd
- INTL FCStone Europe Ltd
- GF Financial Markets (UK) Ltd
- Societe Generale International Ltd
- Sucden Financial Ltd
- Triland Metals Ltd
In addition to the 9 companies that have exclusive rights to trade in the Ring, around 100 companies are involved in the LME in total.
More Information about LME you can visit
Officially site: – LME
Also, you can watch daily ( today lme inventory) fast update on MCXFREE.TIPS
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