London Metal Exchange

London Metal Exchange

Description

Established for over 130 years and located in the heart of The City of London, the London Metal Exchange is the world’s premier non-ferrous metals market.

It offers a range of futures and options contracts for non-ferrous & minor metals, steel and plastics.

The Exchange provides a transparent forum for all trading activity and as a result helps to ‘discover’ what the price of material will be months and years ahead. This helps the physical industry to plan forward in a world subject to often severe and rapid price movements. Such is the liquidity at the Exchange that the prices ‘discovered’ at the LME are recognised and relied upon by industry throughout the world.

The LME is a highly liquid market and in 2009 achieved volumes of 111.9 million lots, equivalent to $7.41 trillion annually and $29 billion on an average business day. Based in London the LME is a global market with an international membership and with more than 95% of its business coming from overseas.

Being a principal-to-principal market, the only organisations able to trade are its member firms, of which there are various categories. LME members provide the physical industry with access to the market, to the risk management tools and to the delivery mechanism. Trading takes place across three trading platforms: through open-outcry trading in the ‘Ring’, through an inter-office telephone market and through LMEselect, the Exchange’s electronic trading platform.

Top courses

Hedge Accounting course in London
London Metal Exchange
  • Short course
  • London
  • 1 Day

...Suitable for: This course addresses the challenges faced in aligning the commercial considerations for metal and plastics hedging strategies with the financial... Learn about: Financial Reporting, Financial Accounting, Financial Planning... More


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  • Short course
  • London
  • 1 Day

...Attend to gain insight and knowledge of a widely used form of market analysis. Delegates will develop a practical understanding of the subject via... Learn about: Trading Strategy, Volatility Trading, Quantitative Finance... More


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  • Short course
  • London
  • 1 Day

...the collation of raw data such as GDP, trade flow and metal stocks, building a supply/demand model and recent case studies. Suitable for: Financial professionals such as traders... Learn about: Volatility Trading, Trading Options, Trading Strategy... More


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Introduction to Physical Trading and Warehousing course in London
London Metal Exchange
  • Short course
  • London
  • 1 Day

...stages involved in the pricing of physical transactions, physical trading flows, and common issues to bring these commodities to consumption areas... Learn about: Shipping Logistics, Inventory Management, Transport Logistics... More


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Introduction to Hedging with Futures course in London
London Metal Exchange
  • Short course
  • London
  • 1 Day

...Introduction to the LME before attending this course to fully benefit from this session. Day two of the LME Introductory Training Course is ideal for delegates... Learn about: Algorithmic Trading, Trading Strategy, Volatility Trading... More


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Advantages of studying here

The LME is pleased to announce its latest programme of educational courses.

These new programmes:

* Expand the variety and depth of topics covered
* Increase the frequency of courses to enable more flexibility of choice
*

Provide more location options meaning you can attend a course in your region

The courses provide an in-depth understanding of the workings of the Exchange and how its contracts can protect and add value to your business. They are designed to give a perspective of the role of the Exchange and provide attendees with a solid understanding of market processes, pricing, hedging and delivery.

The courses are aimed at all those involved in any aspect of the non-ferrous metals, steel and plastics industries who require an understanding of the pricing of their products and how to minimise the effects of volatile prices on their business.

The courses consist of classroom-style teaching by LME executive staff and professional practitioners in the metal markets and include hedging with futures and options workshops.