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The London Metal Exchange (LME) is the world’s premier non-ferrous metals market. |
Visit
the Official LME Website.
By delivering to an LME-approved warehouse,
you open up options of financing, reducing inventory and creating liquidity. |
The primary roles of the
LME are:
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Providing a
market where participants, primarily from non-ferrous, base metals-related industries, have the opportunity
to protect against risks arising from movements in base metals prices.
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Providing reference
prices for
the worldwide pricing of activities relating to non-ferrous metals.
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Providing for appropriately
located
storage facilities to enable market participants to make or take physical delivery
of approved brands of the
metals traded.
As one of the premier operators
of LME-approved storage
facilities, Metro plays a
significant role in the world of non-ferrous
metal. |
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LME
Quickfacts:
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It's
roots trace back as far as 1571. |
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It
was Officially formed in 1877. |
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The value of contracts traded on the LME is about
$2 trillion annually. |
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