The London Metal Exchange is the world centre for industrial metals trading. Most of the world’s global non-ferrous futures business is conducted on the LME’s three trading platforms totalling $13.5 trillion, 176 million lots and 3.9 billion tonnes in 2019. All trades are cleared and settled by LME Clear.
Participants can transfer or take on price risk against aluminium, copper, nickel, tin, zinc, lead, molybdenum, cobalt, steel scrap, rebar and hot-rolled coil, aluminium premiums and alloys, as well as our suite of gold and silver contracts, LMEprecious.
In December 2019, approximately 1.9 million tonnes of material were held on LME warrant in more than 500 storage facilities in 14 countries across 33 locations globally.
The LME is a member of HKEX Group.