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From January 2000, The London Metal Exchange Limited became a wholly owned subsidiary of a new company - LME Holdings Limited. The former members of The London Metal Exchange Limited retained their membership of the Exchange and were offered shareholdings in LME Holdings Limited on a scaled basis according to the type of member.
The London Metal Exchange Limited has up to 13 directors - comprising up to two invited directors with substantial experience of the metals industry and trade, up to three independent directors and up to six shareholder representative directors of LME Holdings Limited, who are elected from the membership, a trade director and the LME's CEO. The LME Holdings Limited board is drawn up in a similar fashion.
The Exchange has a membership of around 80 major firms, 11 of which take part in ring dealing (open outcry). Another thirty-one broker members join them in the trading of futures and options through the telephone market and LME Select.
LME Rules and Regulations
The LME Rulebook is now available to members via an online service. If you are a member of the LME, please contact lme.marketing@lme.com to access your login details.
To purchase a hard copy of the London Metal Exchange Rules and Regulations, email rulebook@lme.com.
Financial statements
To download financial statements for the LME Ltd and LME Holdings click here.
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