Factbites
 Where results make sense
About us   |   Why use us?   |   Reviews   |   PR   |   Contact us  

Topic: London Metal Exchange


Related Topics

  
  The London Metal Exchange (LME)
However, the origins of the London Metal Exchange can only be traced back as far as the opening of the Royal Exchange in London in 1571 during the reign of Queen Elizabeth I. It was there that traders in metal and a range of other commodities began to meet on a regular basis.
The LME system of fixed points clearly helps with the identification of the firms trading, but it is only feasible because the Exchange has a small number of members permitted to take part in ring trading.
LME Select is the official exchange operated electronic trading platform, available in addition to open outcry ring trading and the telephone market.
www.ereport.ru /en/articles/organiz/lme.htm   (1900 words)

  
 London (UK) - Hutchinson encyclopedia article about London (UK)
London's long-established Jewish community, the majority of whom arrived in the East End at the end of the 19th century to escape the pogroms (massacres) in Russia, is now mainly concentrated in the northern suburbs of Golders Green and Stamford Hill.
London is the hub of the UK rail network; seven main lines converge on the capital, and their principal termini are within easy reach of any part of the inner London area.
London is served by three international airports: Heathrow to the west, Gatwick to the south, and Stansted to the north.
encyclopedia.farlex.com /London+(UK)   (6463 words)

  
 London Metal Exchange -- Facts, Info, and Encyclopedia article   (Site not responding. Last check: )
The London Metal Market and Exchange Company was founded in 1877 but the market traces its origins back to 1571 and the opening of the (Click link for more info and facts about Royal Exchange) Royal Exchange.
Other metals traded extended to include (A silvery ductile metallic element found primarily in bauxite) aluminium (1978), (A hard malleable ductile silvery metallic element that is resistant to corrosion; used in alloys; occurs in pentlandite and smaltite and garnierite and millerite) nickel (1979), aluminium alloy (1992), and silver (1999).
There are a morning and an afternoon trade, where each of the eight metal contracts are traded in two blocks with a five minute session for each contract (the sessions last from 11.40 until 13.15 and from 15.10 until 16.35, each session includes a ten minute break).
www.absoluteastronomy.com /encyclopedia/l/lo/london_metal_exchange.htm   (365 words)

  
 Futures on Metals, LME Metal Futures, London Metal Futures, LME Metal Futures Broker
The London Metal Exchange is the world's capital for trading futures on base metals.
Despite being the most prolific metal on earth, aluminum only began to be used extensively once an inexpensive method for distilling it by means of electrolytic reduction was discovered in the mid 19th century.
The LME was formed to bring order to this activity with the establishment of a single marketplace, recognized times of trading and standardized specifications for the contracts.
www.xpresstrade.com /lme_metal_futures.php   (1525 words)

  
 London Metal Exchange Annual Dinner
The affairs of the LME have, for one reason or another, occupied quite a piece of the SIB’s time in the last year or two.
There is likely to be further enforcement action, by the UK regulators, including the LME, and the Hamanaka criminal case continues on its exotic way through the Japanese legal system.
I am convinced that we can do better than this, and give London a regulator, and a regulatory regime, which is fit for purpose in the 21st Century.
www.fsa.gov.uk /Pages/Library/Communication/Speeches/1997/SP01.shtml   (887 words)

  
 London Metal Exchange - Real Time & Delayed Quotes, Charts, News and Data for Futures, Stocks, Commodities and Indexes ...
The London Metal Market and Exchange Company was founded in 1877 but the market traces its origins back to 1571 and the opening of the Royal Exchange.
London Clearing House but some trading is still done by open outcry in the Ring.
There are a morning and an afternoon trade, where each of the eight metal contracts are traded in two blocks with a five minute session for each contract (the sessions last from 11.40 until 13.15 and from 15.10 until 16.35, each session includes a ten minute break).
www.tradesignals.com /glossary/London_Metal_Exchange   (417 words)

  
 Metal Markets
Some metals have a terminal market which is established – this is an institution where metal dealers bid for quantities of metal, and establish a daily price for it.
Other metals are given their price by individual producers, who respond to the market for the metal by raising the price in times of strong demand, and lowering it when demand falls off.
Metals which are bought and sold at the exchange include lead, copper, aluminum, zinc and nickel by way of bidding rings two times a day.
www.miningbasics.com /html/metal_markets.php   (561 words)

  
 CopperInfo.com - Copper Exchanges
Copper is traded on three commodity exchanges: The London Metal Exchange (LME), the Commodities Exchange Division of the New York Mercantile Exchange (COMEX/NYMEX), and the Shanghai Metal Exchange (SHME).
The exchanges establish a price for the present day, called the spot price, and a price for some specified time in the future, called the future price.
The exchanges allow for trading futures and options contracts, which enable producers and consumers to fix a price in the future, thereby providing a hedge against price variations.
www.copperinfo.com /aboutcopper/exchanges.html   (328 words)

  
 Metal Exchange and Markets
Other metals are priced by individual producers, who respond to the market for the metal by raising the price in times of high demand, and lowering it when demand falls off.
Metals bought and sold at the exchange include copper, lead, zinc, aluminum and nickel by way of twice-daily bidding rings.
Quotations from the LME are the basis for transaction prices in much of the world, The quotations represent actual day-to-day purchases between buyers and sellers, and they are released to news services and published in the daily press.
www.miningbasics.com /html/metal_exchange_and_markets.php   (597 words)

  
 PA Consulting Group - CaseStudy - Open access - Energy case study - London Metal Exchange - Implementing an electronic ...
PA Consulting Group - CaseStudy - Open access - Energy case study - London Metal Exchange - Implementing an electronic trading platform - The London Metal Exchange (LME), established in 1877 and a cornerstone of commodity derivatives trading, is one of the most complex of its kind.
The London Metal Exchange (LME), established in 1877 and a cornerstone of commodity derivatives trading, is one of the most complex of its kind.
The LME decided that, to secure its pre-eminent position in the market, it would need electronic screen based trading to complement the existing open outcry and telephone access.
www.paconsulting.com /publications/cs_open/cs_london_metal_exchange.htm   (200 words)

  
 London Stock Exchange - Glossary : L
The transaction was not reported in accordance with the Exchange's rules on trade reporting.
An order submitted to the electronic order book with a specified size and price which is either held on the order book or executes, either in part or full, against eligible orders with any remaining unexecuted portion being added to the order book.
When a company becomes insolvent, it may go into liquidation, wherein all its assets are sold and the proceeds are distributed among the debtors and shareholders, in that order.
www.londonstockexchange.com /en-gb/Global/F/glossary/glossaryl.htm   (508 words)

  
 Sucden - London Metal Exchange (LME)
The LME itself can trace its origins back to 1571, although it was formally established in 1877 as the London Metal Market and Exchange Company.
The LME trades futures and options contracts in aluminium, aluminium alloy, copper, lead, nickel, tin, zinc and the new plastics contracts.
The LME is a combination of floor, electronic and inter-office trading, all cleared by the London Clearing House (LCH).
www.sucden.co.uk /html/content_119.htm   (433 words)

  
 LCH.Clearnet Group - Markets & Services - Exchange and Commodity Derivatives - London Metal Exchange (LME) - How It ...
Trading on the LME consists of open outcry trading, which takes place in ‘the ring’, as the trading arena is known, supported by a 24 hour telephone market and screen-based trading on LME Select.
LME metal and plastics futures contracts remaining open at expiry are settled by physical delivery of the underlying at the official settlement price as determined LME.
Exercise Rules are specified by Exchange Rules which determine the times that exercise notification must be given, and for TAPO and Index Option contracts the Rules by which automatic exercise operates.
www.lchclearnet.com /markets_and_services/exchange_and_commodity_derivatives/lme/how_it_works.asp   (748 words)

  
 The Office of Fair Trading: Complaint against the London Metal Exchange (LME) by Spectron plc
The suspected grounds of the investigation were that the LME was dominant in the provision of platforms for the exchange-based trading of non-ferrous metals contracts, and it was abusing its position through predatory behaviour and through price discrimination which allowed zero margin for a competitor (i.e.
On 15 May 2006 the IMD was withdrawn[see note 3], although the investigation of the LME continued.
The LME appealed the OFT's decision to impose the IMD to the Competition Appeal Tribunal (CAT) on 26 April 2006.
www.oft.gov.uk /advice_and_resources/resource_base/ca98/closure/LME   (648 words)

  
 World Business Archive | BBC World Service
The problems facing the London Stock Exchange highlight the way traditional markets are adapting to competition from their peers.
It is a major change as far as the LME is concerned but it also demonstrates that over the last 120 years or so, there have been a number of occasions when the LME has been required to change.
This is the largest metals trading market in the world, with a turnover of up to $10 billion a day.
www.bbc.co.uk /worldservice/business/story_stk150900.shtml   (939 words)

  
 London Metal Exchange (LME): definition, usage and pronunciation - YourDictionary.com
A U.K. commodities exchange that trades futures and options contracts on non-ferrous industrial metals.
An index contract, the LMEX tracks the six primary base metals that are traded.
Trading on the LME is a combination of floor trading and trading that is conducted over the phone or by electronic means.
www.yourdictionary.com /london-metal-exchange-lme   (72 words)

  
 London Metal Exchange. LME - History, Profile, About, Companies
The London Metal Exchange Company was formed in 1877 but its origins trace back to the 16th century when the traders in metal and other commodities met on a regular basis in the newly opened Royal Exchange in London.
Therefore, the London Metal Exchange was formed to create a single market, recognize times of trading, and standardize metal contracts.
It is based on the six primary metals traded on the Exchange: aluminum, copper, lead, nickel, tin, and zinc.
www.advfn.com /StockExchanges/history/LME/LondonMetalExchange.html   (313 words)

  
 Kitco- Base Metals Reports
Zinc continued to push higher in London Metal Exchange premarket trade Thursday, having hit a new peak during Wednesday's trade.
Base metals prices were holding firm in thin London Metal Exchange premarket trade Monday, trading broadly sideways in the absence of fresh news.
Base metals were following the fortunes of oil and were drifting lower in premarket trade on the London Metal Exchange Wednesday.
www.kitco.com /scripts/bmreports/next.pl?start=5348   (654 words)

  
 London Metal Exchange goes plastic
The LME today (27 May 2005) launched two new futures contracts for polypropylene (PP), which is used in bags and bottles, andlinear low-density polyethylene (LL), mainly used for car fenders.
Margins for producers have been poor and investment in new capacity was primarily in Asia and the Middle East, the LME said in a statement.
These grades will establish global prices on the exchange andwill allow for the pricing of more specialised grades to be priced at a premium to the base price.
www.foodproductiondaily.com /news/ng.asp?id=60279-london-metal-exchange   (851 words)

  
 London Metal Exchange. LME - About, Profile, History, Companies
The eight metals contracts are copper grade A, primary aluminum, standard lead, primary nickel, tin, special high grade zinc, aluminum alloy, and North American Special Aluminum Alloy (NASAAC).
The participants in the Exchange are protected against risks arising from movements in base metals and plastic prices, provided with storage and delivery facilities, and presented with the references prices in the metal and plastic industry for benchmarking.
During ring trading a small number of members trade each LME contract in specific 5-minute periods 'rings.' At present, there are 11 'ring dealers' and they make a significant proportion of the LME contracts.
www.advfn.com /StockExchanges/about/LME/LondonMetalExchange.html   (415 words)

  
 london stock exchange   (Site not responding. Last check: )
The London Stock Exchange (abbreviated LSE) is a stock exchange market located in London.
The London Stock Exchange is one of the oldest financial institutions on the world stage.
This is the number one site on the web for all your london stock exchange strategies.
www.sharetrader4cash.com /articles/london-stock-exchange.html   (557 words)

  
 Metal Registration Limited - Home
Continuous client support is provided throughout which enables the client to maintain their focus on their company’s day to day activities and management issues without distraction.
Metal Registration Ltd. follows an approach based upon trusting and long-term relationships whilst cultivating a continuous dialogue with both existing and prospective clients.
The London Metal Exchange to launch two physically-delivered Steel Billet contracts on 28 April 2008.
www.metalreg.com   (205 words)

  
 metals market, London Metal Exchange - Money Week
Copper, the most active metal on the London Metal Exchange, was among the biggest fallers.
Last Tuesday night was the annual dinner to mark Metals week, a huge industry shindig that brings together all the miners and brokers that deal on the London Metals Exchange.
Metals prices had soared in the run-up to this gathering, as hedge funds speculated that news of further supply bottlenecks would emerge to drive up prices.
www.moneyweek.com /file/2205/investing-in-the-metals-market.html   (1117 words)

  
 FT.com / Lex - Lex: London Metal Exchange
From today, the London Metal Exchange’s Select electronic trading platform opens for business at 1am London time, six hours earlier than it used to.
Opening when many traders in the UK are either dreaming about or actually enjoying their windfalls might seem strange.
But at that time, metals traders in China are still waiting for the Shanghai Futures Exchange to open.
www.ft.com /cms/s/771c7254-f092-11da-9338-0000779e2340,Authorised=false.html?_i_location=http://news.ft.com/cms/s/771c7254-f092-11da-9338-0000779e2340.html&_i_referer=   (136 words)

  
 Search - Financial News Online
The London Metal Exchange is exploring the feasibility...
The London Metal Exchange is to launch two...
The LME insisted the changes were introduced as...
www.efinancialnews.com /archive/tag/London_Metal_Exchange   (273 words)

  
 China may try to bypass exchanges and source materials directly - 6/14/2007 - Purchasing
Is there a fl cat crossing some forecasts?: It’s Friday the 13th (feeling lucky?) and the London Metal Exchange is kind of mixed with lead t...
China is roaming the world to source metals directly from Africa and elsewhere in order to cut out such middleman as the London Metal Exchange (LME), says Martyn Davies, director at the Centre of Chinese Studies at Stellenbosch University in South Africa.
It is a middleman and a consequence of the colonial economic construct and that is why the metal exchange sits here in London and not in Johannesburg,” according to Davies, who is also the CEO for the strategy consulting firm Emerging Market Focus.
www.purchasing.com /article/CA6451606.html   (547 words)

Try your search on: Qwika (all wikis)

Factbites
  About us   |   Why use us?   |   Reviews   |   Press   |   Contact us  
Copyright © 2005-2007 www.factbites.com Usage implies agreement with terms.