• Thu
  • Jul 31, 2014
  • Updated: 5:19am

London Metal Exchange

Set up in 1877 to provide a venue for trade conducted among metal merchants in London, the LME was sold in 2012 to the operator of the Hong Kong stock exchange. In 2013, it was a defendant in lawsuits accusing Goldman Sachs, JP Morgan and Glencore-Xstrata of rigging the aluminium market.

LME rolls out electronic network to speed up trade with Asia

The London Metal Exchange has teamed up with technology firm Colt Technology Services to introduce an electronic platform called LMEnet to facilitate faster and easier trading of its products for brokers and investors in Hong Kong and the Asian region.

Friday, 25 July, 2014, 1:35am

Qingdao metals probe may help LME, Hong Kong commodities trading plan

The Qingdao port warehouse scandal has exposed the weakness of the mainland metals and related financing system, which may eventually benefit the LME and Hong Kong's plan to develop commodities trading later this year.

16 Jun 2014 - 3:07am

Tie-ups between bourses do not always live up to the hype

There has been much talk recently about alliances between mainland and Hong Kong markets.

29 Apr 2014 - 12:49am

Exchanges operator HKEx's earnings growth of 11pc trails market estimates

Higher operating expenses and depreciation costs resulting from the takeover of London Metal Exchange saw Hong Kong Exchanges and Clearing report lower-than-expected earnings yesterday, and brokers warn of the challenges ahead.

27 Feb 2014 - 12:28am

LME, listing challenges ahead for HKEx

Hong Kong Exchanges and Clearing, which will announce financial results on Wednesday, is facing the twin challenges of capturing more listings and devising strategies to turn the London Metal Exchange into a growth engine, according to brokers and analysts.

24 Feb 2014 - 6:32am

Hit by penny stock scandal, SGX tries to diversify into derivatives

Singapore Exchange, set to report its weakest profit in more than a year after a penny stock scandal hammered trading volumes, is placing a big bet on an increasingly crowded derivatives market.

23 Jan 2014 - 9:30am

LME must seize the initiative to get mainland China access

Strenuous efforts by Beijing to push homegrown commodity exchanges into the international arena don't bode well for the likes of the London Metal Exchange (LME), which is struggling to get any meaningful access to the mainland market.

24 Dec 2013 - 12:56am 1 comment

HKEx-owned London Metal Exchange to launch clearing house

The London Metal Exchange may have a Hong Kong member soon. It also plans to launch a clearing house and new commodity products in the city next year.

18 Dec 2013 - 6:13am

London Metal Exchange plans reforms to cut long warehouse queues

The London Metal Exchange, the world's largest metal bourse wholly owned by Hong Kong Exchanges and Clearing, will carry out a package of reforms in April to solve warehouse congestion.

8 Nov 2013 - 1:58am

Shanghai FTZ ban on London Metals Exchange warehouses remains

The central government will retain a ban on overseas commodity exchanges setting up warehouses on the mainland, a government source said, dashing expectations for London Metal Exchange (LME) warehouses in Shanghai's new free-trade zone.

25 Oct 2013 - 4:33pm

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