London Metal Exchange
The London Metal Exchange (LME) is a futures and forwards exchange in London, United Kingdom with the world's largest market in standardised forward contracts, futures contracts and options on base metals. The exchange also offers contracts on ferrous metals and precious metals. The company also allows for cash trading. It offers hedging, worldwide reference pricing, and the option of physical delivery to settle contracts.
Entrance sign | |
| Formation | 1877 |
|---|---|
| Purpose | Trading in metals and metals-related contracts |
| Owner | Hong Kong Exchanges and Clearing |
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.