London Metal Exchange


London Metal Exchange (LME)

A market for trading base metals, where traded options contracts are available against the underlying futures contract.

London Metal Exchange

The world's largest futures and options exchange for metals. It was established in 1877, though it traces its roots back to 1571. The LME trades derivative products based on copper, lead, zinc, aluminum and aluminum alloy, nickel, steel, and tin. Since 2005, plastic has traded on the LME.

London Metal Exchange (LME)

A major London trading facility formed in 1877 that currently trades futures and option contracts for six major metals: aluminum, copper, lead, nickel, tin, and zinc. The LME also trades futures and option contracts on a base metals index.

London Metal Exchange

see COMMODITY MARKET.