London Metal Exchange

The London Metal Exchange is the world centre for the trading of industrial metals – more than three quarters of all non-ferrous metal futures business is transacted on our platforms. In 2015 this equated to:

• $12 trillion notional
• 4 billion tonnes
• 170 million lots

A member of HKEx Group, the LME brings together participants from the physical industry and the financial community to create a robust and regulated market where there is always a buyer and a seller, where there is always a price and where there is always the opportunity to transfer or take on risk – 24 hours a day.

Investors value the LME as a vibrant futures exchange but also for its close links to industry. The possibility of physical delivery via the world-wide network of LME-approved warehouses makes it the perfect hedging venue for industry and provides a reference price they trust.

The Exchange provides producers and consumers of metal with a physical market of last resort and, most importantly of all, with the ability to hedge against the risk of rising and falling world metal prices.