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01/09/2010
First full month of trading in single steel billet contract sets new record at the London Metal Exchange
Trading in steel futures on the London Metal Exchange (LME) hit another record level in August, with 24,853 lots traded, equivalent to more than 1.6 million tonnes of material.
READ MORE 23/08/2010
London Metal Exchange confirms encouraging start to cobalt and molybdenum trading
Total notional value of contracts traded in first six months since launch - $230 million.
READ MORE 17/08/2010
London Metal Exchange approves Chicago and Detroit as delivery points for steel billet
New delivery locations will further facilitate the use of LME steel billet contract by the US steel industry
READ MORE 03/08/2010
July record confirms growing momentum of steel futures trading at the London Metal Exchange
Monthly trading achieves new record for the fifth consecutive month - 18,906 lots traded.
READ MORE 28/07/2010
London Metal Exchange creates single steel billet contract for global industry
The London Metal Exchange (LME) announces that it has today completed the merger of its Mediterranean and Far East steel billet contracts into a single, global contract.
READ MORE 28/07/2010
London Metal Exchange and SGX to launch metals futures in Asia
The London Metal Exchange (LME) and Singapore Exchange (SGX) today said they are jointly developing cash-settled mini monthly metals futures contracts to be traded and cleared through SGX.
READ MORE 27/07/2010
London Metal Exchange announces record trading volumes for first half of 2010
59,304,271 lots traded in first six months of 2010 up 7.5% & year on year
READ MORE 23/07/2010
Scotia Bank Europe and Standard Chartered approved as Associate Broker Clearing members of the LME
The board of directors of The London Metal Exchange Limited (LME) yesterday approved the membership applications of Standard Chartered and Scotia Bank Europe to become Associate Broker Clearing (also known as ‘category 2’) members of the LME.
READ MORE 08/07/2010
London Metal Exchange Officially Launches Its Asia Office In Singapore
The London Metal Exchange (LME), the world’s premier non-ferrous metals market, today officially launches its flagship Asia office in Singapore. This is the Exchange’s first office outside of London and marks a significant milestone for the business
READ MORE 06/07/2010
LCH.Clearnet and London Metal Exchange set to launch OTC gold post-trade services for London’s bullion market
Contracts to be cleared will be captured via LME’s trade capture system, LMEsmart, with matched bilateral trades submitted to LCH.Clearnet for clearing.
READ MORE 05/07/2010
Record month of steel futures trading in June at the London Metal Exchange
Monthly trading achieves new record for the fourth consecutive month. Latest surge coincides with addition of New Orleans as delivery location for LME steel
READ MORE 22/06/2010
London Metal Exchange announces intention to list first US steel delivery location in New Orleans
The London Metal Exchange (LME) today announced its intention to list New Orleans as the first US delivery location for steel billet, bringing the benefits of price transparency and risk management to the long steel industry in the US for the first time.
READ MORE 01/06/2010
Record month of steel futures trading in May at the London Metal Exchange
Trading in steel futures on the London Metal Exchange (LME) hit another record level in May, with 13,788 lots traded of its Mediterranean steel billet contract, representing 896,220 tonnes (notional value = $415m).
READ MORE 21/05/2010
USD$100m of minor metals trading at the LME since launch
The total value of minor metals traded at the London Metal Exchange has passed the USD$100m mark. This milestone has been reached in just under 3 months following the Exchange’s launch of the world’s first exchange-traded futures contracts for cobalt and molybdenum on 22nd February.
READ MORE 19/05/2010
Cash trading in minor metals starts on the London Metal Exchange
Cash trading in molybdenum and cobalt began on the London Metal Exchange today, ahead of the first prompt date – 21st May.
READ MORE 28/04/2010
Steel trading surges on the London Metal Exchange
Trading in steel futures on the London Metal Exchange reached a new record yesterday, with 1,514 lots of the Exchange’s Mediterranean contract traded, equivalent to 98,410 tonnes and with a value of $47.5million.
READ MORE 20/04/2010
The LME appoints Sir Brian Bender KCB as Chairman
The London Metal Exchange (LME) today announces the appointment, with immediate effect, of Sir Brian Bender KCB as Chairman of both its Holdings and Limited Boards
READ MORE 01/04/2010
Record month of steel futures trading in March at the London Metal Exchange
Trading in steel futures on the London Metal Exchange (LME) achieved record levels in March, with 10,662 lots traded.
READ MORE 31/03/2010
Statement from the London Metal Exchange Annual General Meeting
The Annual General Meeting took place at the London Metal Exchange today and all resolutions were passed.
READ MORE 29/03/2010
London Metal Exchange announces issuance of first cobalt warrants
Warrants for 5 tonnes of cobalt were issued late last week in Rotterdam, marking the first material to be placed on warrant since the launch of new minor metals futures contracts by the London Metal Exchange (LME) in February this year.
READ MORE 22/03/2010
Cobalt and molybdenum make positive start on LME
More than USD36million of cobalt and molybdenum has been traded in the first month since new futures were launched for these minor metals by the London Metal Exchange (LME) on 22nd February, 2010.
READ MORE 02/03/2010
Global Steel Contract available on London Metal Exchange from 28th July, 2010
The London Metal Exchange will merge its existing Mediterranean (FM) and Far Eastern (FF) contracts in steel billet on 28th July, 2010, creating a global steel billet futures contract.
READ MORE 01/03/2010
Trading in steel futures surges on the London Metal Exchange to record volumes and open interest
Trading in steel futures on the London Metal Exchange reached record levels last week with volumes and market open interest growing substantially.
READ MORE 25/02/2010
Shareholder representatives re-elected to the Boards of LME Holdings Limited and The London Metal Exchange Limited
Michael Overlander, Chief Executive of Sucden Financial, and Jim Coupland, Head of Base Metals at Standard Bank, have been re-elected to the Boards of both LME Holdings Limited and The London Metal Exchange Limited.
READ MORE 23/02/2010
Minor metals industry adopts new cobalt and molybdenum futures on the London Metal Exchange
The London Metal Exchange’s new futures contracts in cobalt and molybdenum were actively traded on their first day of trading
READ MORE 22/02/2010
First minor metals trades executed on the London Metal Exchange
The London Metal Exchange launched the world’s first on-exchange cobalt and molybdenum futures today and has already witnessed the first cleared trades for both metals.
READ MORE 19/02/2010
LME approaches The Baltic Exchange for Joint Venture on FFA trading
The London Metal Exchange (LME) has submitted a formal proposal to bring trading of Forward Freight Agreements (FFAs) on-exchange in a joint venture with The Baltic Exchange.
READ MORE 19/02/2010
LME launches cobalt and molybdenum futures trading
The London Metal Exchange will launch the world’s first cobalt and molybdenum futures contracts to be traded on exchange on Monday.
READ MORE 16/02/2010
London Metal Exchange creates new roles – Head of Business Development and Head of Education & Marketing
The LME has restructured its Commercial Department, promoting Chris Evans and Catherine Markey to the roles of Head of Business Development and Head of Education & Marketing respectively.
READ MORE 16/02/2010
LME notification regarding LMEsword
Following requests from members and warehouse agents the London Metal Exchange has decided to postpone the launch of LMEsword until 12 April 2010
READ MORE 15/02/2010
LME announces change to price discovery process for plastics
The London Metal Exchange (LME) has modified the price discovery process for plastics futures contracts traded on the Exchange.
READ MORE 09/02/2010
LME announces further long-term physical cobalt contract finalised using LME pricing formula
The LME is pleased to announce that a second long-term physical cobalt contract has been finalised incorporating an LME pricing formula.
READ MORE 09/02/2010
London Metal Exchange to establish LME Asia, headquartered in Singapore
The London Metal Exchange will create LME Asia, opening its first overseas office in Singapore in April this year.
READ MORE 05/02/2010
London Metal Exchange Chairman, Donald Brydon, to step down
The London Metal Exchange announces that its Chairman, Donald Brydon, is to step down in the next few weeks to concentrate on his roles with Royal Mail and Smiths Group.
READ MORE 15/01/2010
LME announces second highest trading volumes in its history in 2009 after record previous year
The London Metal Exchange releases annual trading figures for 2009 today, unveiling the second highest trading volumes in the Exchange’s history.
READ MORE |
