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 Entrance sign | |
| Formation | 1877 |
|---|---|
| Purpose | Trading in metals and metals-related contracts |
| Owner | Hong 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.
- ^ "Forward & Futures Contract Specifications". London Metal Exchange. Archived from the original on 4 March 2016. Retrieved 7 August 2015.