London Metal Exchange Trading Floor

The prices discovered on our three trading platforms are used as the global reference price and both the metal and investment communities use the lme to transfer or take on risk 24 hours a day.

London metal exchange trading floor.

There are many famous floor based trading exchanges in the financial world. Benchmark copper on the london metal exchange earlier fell nearly 2 to 5 164 a tonne. Ring trading runs concurrently with the lme s other platforms lmeselect and the inter office telephone market. Front of photograph back of photograph.

Open outcry trading is particularly important for the lme because of its unique prompt date structure. The london metal exchange lme is the world centre for the trade of industrial metals. The london metal exchange is the world centre for industrial metals trading. The metal ended at 5 188 down from 5 260 on friday.

Trading floor london metal exchange. The 139 year old london metal exchange lme will wrap up open outcry trading on wednesday at its red leather ring before moving the trading floor to a new home elsewhere in the capital s. Front and back of the image. Last year 10 3 trillion worth of metals were exchanged at the lme.

And until recently the london metal. Copper prices have tumbled to a six year low as the latest slide in china s stock markets reinforce gloomy prospects for demand in the world s top consumer of the metal. The most famous of which is the floor of the new york stock exchange nyse. 9 4 x 12 inches.

There are up to 200 tradable dates per lme metal and open outcry is the most efficient way of trading multiple dates.