LME transaction update The Chairman of the London Metal Exchange (LME) has today issued an update to its shareholders regarding the potential acquisition of the Exchange. The Board of the LME has received a number of detailed proposals from shortlisted parties in line with the process being conducted on its behalf by Moelis & Company. […] ↓ Read the rest of this entry…
The longer term technical outlook for copper continues to improve with increasing evidence suggesting the September 2011 through to January 2012 consolidation phase to have been a basing process. Chart measurement suggest this to be capable of supporting advances closer to the 9300 region in the weeks and months ahead although as always progress will […] ↓ Read the rest of this entry…
February 10, 2012 London Metal Exchange base metal prices slipped on Thursday. LME Copper eased 0.76% to $8520 a metric ton, after rising to five-month highs in the previous session. All other LME metals also futures heading in negative direction on Thursday. LME Price Highlights: –Aluminium Alloy dipped 0.45% to $ 2180 a metric ton […] ↓ Read the rest of this entry…
February 6 2012 The London Metal Exchange (LME) today will begin publishing live forward prices for all metals traded in the last Ring session of the day (the afternoon “Kerb”), a refinement that will add further transparency to the procedures used to establish the Closing Prices. The forward curve is available for the key prompt […] ↓ Read the rest of this entry…
Hedge the monthly average, in one simple trade The LME today launched LMEswaps, a new type of financially-settled contract based on the Monthly Average Settlement Price (MASP) for all LME non-ferrous metals. LMEswaps are designed to help the global metal community hedge against adverse price movements in their physical contracts, which are often priced basis […] ↓ Read the rest of this entry…
This course offers you a solid introduction to the services provided by the London Metal Exchange. It provides an in-depth overview of operations, structure, products, trading terminology and procedures. Date 18 April 2012 Location Chicago Duration 1 Day Please note that the visit to the LME will not be part of the programme when the […] ↓ Read the rest of this entry…
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