Can you visit the LME?
Requests to visit the trading floor (the Ring) from the general public and educational bodies unfortunately cannot be accommodated. LME members and groups associated with the metals industry are asked to enquire by email.
Who can trade in LME?
Non-members wishing to trade LME contracts can do so through Category 1, 2 and 4 Members (and their associated ISVs). 2) Alternatively, participants can access LME markets by becoming members themselves.
Is the LME open?
The London Metal Exchange is open Monday through Friday from 1:00am to 7:00pm British Summer Time (GMT+01:00).
How do I join the London Metal Exchange?
Members wishing to issue LME registered client contracts to customers will need to demonstrate applicable regulatory authorisations. The LME operates three trading venues, an electronic trading platform (LMEselect), an open outcry trading floor referred to as the Ring, and the inter-office or telephone market.
Is Steel traded on the LME?
Trading occurs in five-minute intervals in the following order: steel, aluminum alloy, tin, premium aluminum, copper, lead, zinc, nickel, and cobalt. Ring trading at the LME occurs between 11:40 am and 5:00 pm, however, inter-office telephone trading is available 24 hours a day.
Is LME closed today?
† Indicates the market is closed on a different date than the actual holiday….2022 London Metal Exchange Market Holidays (9)
| Holiday | Date | Status |
|---|---|---|
| Christmas | Monday, December 26, 2022 † | Closed 8 months from now |
Is the LME closed?
† Indicates the market is closed on a different date than the actual holiday. This is typically the case when a holiday falls on a non-business day….2022 London Metal Exchange Market Holidays (9)
| Holiday | Date | Status |
|---|---|---|
| Boxing Day | Tuesday, December 27, 2022 † | Closed 8 months from now |
Is the LME trading?
The LME is the only remaining physical commodities trading market in Europe, as the trend has been moving steadily to electronic trading and away from open outcry.
What is LME registered?
In order to guarantee quality and specification of delivered metal, the LME reviews, vets and approves individual metal producers to register their production as an LME brand.
Who are LME members?
quick access
| LME Clear members | |
|---|---|
| H HSBC Bank Plc Hydro Aluminium AS | I ICBC Standard Bank Plc |
| K Koch Metals Trading Limited | M Macquarie Bank Limited MAREX Financial Merrill Lynch International Mitsui Bussan Commodities Ltd Mizuho Securities USA LLC Morgan Stanley & Co. International plc |
What is the London Metal Exchange?
The London Metal Exchange is the world centre for industrial metals trading. The prices discovered on our three trading platforms are used as the global reference price and both the metal and investment communities use the LME to transfer or take on risk, 24 hours a day.
What are the trading hours on the ring?
Each LME metal is traded in highly liquid five-minute Ring sessions which are themselves representative of global supply and demand. Trading on the Ring begins at 11.40 and closes at 17.00. Futures prices from the Ring
How does ring trading work on the LME?
There are up to 200 tradable dates per LME metal and open outcry is an efficient way of trading multiple dates. Ring trading runs concurrently with the LME’s other platforms, LMEselect and the inter-office telephone market.
When is the next LME metal seminar 2022?
LME Metals Seminar 2022 24 Oct 2022 08.00 – 16.00 London LME – general Find out more 25Oct LME Dinner 2022 25 Oct 2022 18.00 – 23.00 London LME – general Find out more Filter Topics Ferrous metals