London Metal Exchange
Futures exchange in London, England / From Wikipedia, the free encyclopedia
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.
Quick Facts Formation, Purpose ...
Formation | 1877; 147 years ago (1877) |
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Purpose | Trading in metals and metals-related contracts |
Owner | Hong Kong Exchanges and Clearing |
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