London Metal Exchange
London, United Kingdom
Abbreviation
LME
Location
London, United Kingdom
Region
Europe
Group
Hong Kong Exchanges and Clearing
Product Types
Industrial Metals, Ferrous Metals, Precious Metals
About London Metal Exchange
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.
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