London, United Kingdom
Abbreviation
LCE
Location
London, United Kingdom
Region
Europe
Product Types
Agricultural (Cocoa, Coffee, Sugar, Grain)
The London Commodity Exchange (LCE) was a major agricultural commodity exchange in London, trading futures for cocoa, coffee, sugar, grain, and other soft commodities. Founded in the 1950s, the LCE merged with the London International Financial Futures and Options Exchange (LIFFE) in 1996. Its agricultural contracts continue to be traded today on the ICE Futures Europe platform.
The European Climate Exchange (ECX) was Europe's leading exchange for carbon dioxide emission allowances, established in 2005. ECX traded EU Emission Allowances (EUAs) and Certified Emission Reductions (CERs) under the EU Emissions Trading System (EU ETS). At its peak, ECX handled approximately 90% of exchange-traded EU carbon market volume. ECX was acquired by Intercontinental Exchange (ICE) in 2010, and its carbon contracts now trade on ICE Futures Europe as the ICE ECX EUA futures market.
Climex was a Netherlands-based electronic exchange for trading environmental commodities, particularly EU Emissions Allowances (EUAs), Certified Emission Reductions (CERs), and Emission Reduction Units (ERUs) under the Kyoto Protocol. Founded in the early 2000s to serve growing European carbon markets, Climex was one of the first platforms to provide standardised electronic trading for emission certificates. The platform subsequently wound down or was absorbed as EEX and ICE became the dominant carbon trading venues.
Energy Exchange Austria (EXAA) is Austria's regulated electricity and emissions exchange, founded in 2001 in Vienna. EXAA operates spot and day-ahead electricity market clearing for Austria and Germany, providing a transparent price-discovery platform for the Alpine-region power market. The exchange also provides auction services for EU CO2 Emission Allowances, supporting Austria's participation in the EU Emissions Trading System. EXAA is a licensed market operator under EU MiFID regulation.
The London Metal Exchange (LME) is the world's largest market for standardised forward contracts, futures, and options on base and industrial metals. Founded in 1877 and based in London, the LME offers contracts for aluminium, copper, zinc, lead, nickel, tin, cobalt, steel, and other metals, providing globally referenced benchmark prices. The LME is the last exchange in Europe to use open-outcry ring trading alongside its electronic platform. It was acquired by Hong Kong Exchanges and Clearing (HKEX) in 2012.