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The London Metal Exchange (LME) is pleased to announce that BMO has today been approved as a Category 2 member. 

BMO is the eighth largest bank in North America by assets, providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada, the United States, and in select markets globally.

Matthew Chamberlain, LME CEO, said: “We are delighted to welcome BMO to the LME. BMO has a long and proud history at the heart of the North American economy and their membership will strengthen the LME’s ability to support the industrial metals trading community in North America.” 

The LME will issue a further notice to confirm when BMO will commence trading and clearing.

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Notes to editors

Category 2 members are entitled to trade on LMEselect and the telephone market. They can issue LME contracts – buying and selling material for their clients. They are also members of LME Clear.

A full list of LME members can be found on our website

BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.41 trillion as of October 31, 2024. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society. 

 

Contact us

For further information or to speak to an LME spokesperson, please contact:

Miriam Heywood

+44 (0)7554 667 846

miriam.heywood@lme.com

Joseph Eyre

+44 (0)7740 413 234

joseph.eyre@lme.com