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LME ELECTRONIC TRADING
LME rips up its free-market rule-book to tame wild metalsThe LME has come in for understandable criticism that it waited too long to suspend the nickel market. The exchange's compliance department...
Caution reigns as nickel trading resumes in LondonBesides suspending nickel trading for only the second time in its 145-year history, the LME also cancelled all trades on March 8 and extend...
London Metal Exchange will reopen its open outcry trading floorThe floor was closed in March 2020 for the first time since World War II to allow for the social distancing needed to deal with Covid-19, s...
LME metals rise from 2016 lows on US stimulus hopes, production cutsAll LME base metals had hit their lowest since 2016 in the previous session in a broad virus-related sell-off.
MCX makes delivery of July copper contractsThe July 2019 copper contract has witnessed delivery of 50 metric tonnes (MT).
US sanctions on China help India’s aluminium exportsOn LME, aluminum increased by 3 per cent to $1,825 per tonne from January till date.
Here’s why copper prices swung wildly when almost no one was tradingFor half an hour, copper zigzagged by almost $100 on the LME. Over 2,200 contracts traded between 6 pm and 6.35 pm, the most for that time ...
London Metal Exchange to continue with face-to-face bidding, lines up $1.7 mn for technology upgradeLME is investing 1 million pounds ($1.7 million) this year in technology to help integrate the floor and electronic pricing.
- Crude oil gains on stimulus hopes; copper, gold fall
Oil traded near the highest level in a week in New York on speculation US and European policy makers will act to boost growth.
- Sale of LME means Goldman, UBS have most stake
The LME handled $11.6 trillion of contracts in copper and other industrial metals last year, compared with $2.5 tn in 1999
Oil at 3-month high, gold steadyHere is quick round up on major commodities.
- Base metal prices shine after recovery in equity markets
Base metal prices are looking up after a continuous four-day decline as global equity markets are turning around from last week’s fall.
- The Sun may not set on commexes
The FMC is considering a proposal to allow evening trade in soya oil, coffee, sugar and cotton.
- LME may look at India for warehousing facility
London Metal Exchange (LME), the 129-year old bourse that holds a monopoly in the trading of base metals, could be looking at India as a wa...
- LME looks at India as a warehouse hub
London Metal Exchange (LME), the 129-year old bourse that holds a monopoly in the trading of base metals, could be looking at India as a wa...
- Still like copper, nickel, tin? Buy an LME membership
The London Metal Exchange, the biggest marketplace for trading aluminum, copper, nickel and zinc, is a better investment than any of those ...
- Metals to get NCDEX polish
NCDEX is in talks with large metal companies like Birla Copper, Hindalco and Sterlite to start trading in futures.