About the LME

Setting the global standard

10 Finsbury Square

The London Metal Exchange is the world centre for the trading of industrial metals – the majority of all non-ferrous metal futures business is transacted on our platforms.

In 2021, 145 million lots were traded at the LME equating to $15.6 trillion and 3.3 billion tonnes notional, with a market open interest (MOI) high of 2.1 million lots.

A member of HKEX Group, the LME brings together participants from the physical industry and the financial community to create a robust and regulated market where there is always a buyer and a seller, where there is always a price and where there is always the opportunity to transfer or take on risk – 24 hours a day.

Investors value the LME as a vibrant futures exchange but also for its close links to industry. The possibility of physical delivery via the world-wide network of LME-approved warehouses makes it the perfect hedging venue for industry and provides a reference price they trust.

The Exchange provides producers and consumers of metal with a physical market of last resort and, most importantly of all, with the ability to hedge against the risk of rising and falling world metal prices.

It's what we've been doing since 1877.

LME Committees are an integral and unique part of the way the LME operates. Each is a sub-committee of the Board and reports to it directly or through the Executive Committee (EXCOM).
Information about LME and LME Clear governance.
Steel rebar
Information about our corporate structure including holdings and share structure and our pension scheme.
Business continuity
The LME’s Business Continuity Team has worked hard to put robust processes in place to deal with any disruptions to the smooth day-to-day running of our business.
A full list of our frequently asked questions can be found here.
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