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London Metal Exchange (LME)

RECENT NEWS
LME Copper gains 0 38% to $7659 50 ton
Commodity Online  May 25  Comment 
London Metal Exchange (LME) base metal prices showed a mixed trend on Thursday. Except Aluminium, Zinc and Steel, all other metal prices gained in LME metal market.
China sharpens LME's focus on Hong Kong exchange
Reuters  May 24  Comment 
* Bid that helps with China warehousing could win support
[$] CME Group Eliminated From LME Sale
Wall Street Journal  May 22  Comment 
CME Group has been eliminated from the sale process to buy the London Metal Exchange after being given more time to come up with a higher priced offer, leaving just two bidders.
Two Parties Left in Race for London Metal Exchange as CME Said to Be Gone
Bloomberg  May 22  Comment 
LME Knocks CME Out of Takeover Bidding
Resource Investor  May 22  Comment 
CME no longer in bidding for LME
Reuters  May 22  Comment 
LME Transaction Update
Mondo Visione  May 22  Comment 
The Chairman of the London Metal Exchange (LME) has today issued an update to shareholders regarding the potential acquisition of the Exchange. The Board of the LME has decided to continue discussions with two parties regarding their proposals...
LME Copper slightly up 0 05% to $7799 50 ton
Commodity Online  May 22  Comment 
London Metal Exchange (LME) base metal prices showed a negative trend on Monday after the gains in the previous session.
LME base metal prices up Tin declines
Commodity Online  May 21  Comment 
London Metal Exchange (LME) base metal prices gain on Friday after the losses in the previous session. Tin is the only metal showed a negative trend in LME.
Hong Kong bid for LME bourse puts squeeze on rivals
Reuters  May 18  Comment 
A 1.2 billion pound ($1.9 billion) bid from Hong Kong for the London Metal Exchange could be hard to beat on price and carried assurances about maintaining the...
REFILE-Ex-miner Abbott may collect millions from LME sale
Reuters  May 18  Comment 
From straitened origins in coal mining and the rag trade, Martin Abbott is in line for a major windfall as the 135-year-old London Metal Exchange goes under the hammer.
LME CEO Abbott may gain millions in sale deal
Reuters  May 18  Comment 
LME Aluminium outperforms other base metals energy complex
Commodity Online  May 18  Comment 
LME aluminium shook off a disappointing Philadelphia Fed manufacturing index to close higher and outperform the other base metals and energy complex, said the global leader in aluminium industry analysis and outlook, Harbor Intelligence.
LME Copper slips 0 02% to $7707 ton
Commodity Online  May 18  Comment 
London Metal Exchange base metal prices continued negative trend on Thursday.




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 This article describes a futures exchange on which futures contracts are traded. Click here to view articles referencing this exchange.
 
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The London Metal Exchange is a futures exchange located in London, England. In addition to its eponymous metal futures contracts, the exchange also facilitates contract trading in plastics futures.

Basic Information

  • Owner: The London Metal Exchange Ltd.
  • Location: London, England
  • Time Zone: Greenwich Mean Time (GMT or UTC)
  • Currency: British Pound (GBP)

Exchange Symbols

The exchange is generally abbreviated LME.

Trading Hours

  • Normal Trading Session: 11:45am - 5:00pm Monday - Friday
  • Electronic Trading Sessions: 7:00am to 7:00pm Monday - Friday

Creating Articles for Futures Contracts Trading on the LME

Wikinvest does not currently cover futures contracts on the LME. Check back soon to see when the data becomes available.


About LMEselect


In addition to open outcry ring trading and the telephone market, online trading is available through LMEselect, an exchange operated electronic trading platform. The online system is open between 01:00 and 19:00 (London Time).

The system allows trading on all LME contracts, futures, options, traded average price options (TAPOs) and carries. It also allows straight through processing whereby LMEselect trades will automatically be sent to the matching systems and for clearing by LCH.Clearnet. .


Memberships


The system enables LME members, such as ED&F Man Capital Markets to connect their clients directly to the LMEselect trading system via third party applications, a process known as ‘order-routing’.

A number of Independent Software Vendors (ISVs) that have passed LME conformance tests for order routing applications connecting via the LMEselect API of which the following are supported by ED&F Man Capital Markets:

CQG, Inc. FFastFill Patsystems RTD Tango (RTS) Trading Technologies International, Inc. .


API Trading


It is possible to trade via the Select API or via the API’s of Independent Software Vendors (ISVs). More information at http://www.online-lme.com/about-lmeselect

Futures Contracts Traded on the LME

Coming Soon

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