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London Metal Exchange information


London Metal Exchange
Formation1877; 147 years ago (1877)
PurposeTrading in metals and metals-related contracts
OwnerHong Kong Exchanges and Clearing

The London Metal Exchange (LME) is a futures and forwards exchange in London, United Kingdom with the world's largest market[citation needed] in standardised forward contracts, futures contracts and options on base metals. The exchange also offers contracts on ferrous metals and precious metals.[1] The company also allows for cash trading. It offers hedging, worldwide reference pricing, and the option of physical delivery to settle contracts.

  1. ^ "Forward & Futures Contract Specifications". London Metal Exchange. Retrieved 7 August 2015.

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