At the London Metal Exchange we are committed to the highest standards of corporate governance and recognise that good governance is pivotal in helping the business to deliver its strategy.
We operate within a well-defined governance structure and embed governance principles and practices in the business which have been established upon the four cornerstones of:
- accountability
- transparency
- fairness
- integrity
The objective of the London Metal Exchange is to provide facilities, along with the management and regulatory structure, for trading in LME contracts. It is a Recognised Investment Exchange (RIE), regulated directly by the Financial Conduct Authority (FCA).
Although its activities are closely related to the physical markets, it operates within the regulatory framework of the Financial Services and Markets Act 2000. The Act closely defines the conditions under which the Exchange operates and requires that, as an RIE, it maintains orderly markets in all its contracts.
When it carries out its activities in the United States (US), the Exchange is governed by the relevant US legislation and by the Commodities and Futures Trading Commission (CFTC). It is also subject to any relevant directives of the European Union.
Contact us
For further information please get in touch.
Contact us