• Sat
  • Sep 20, 2014
  • Updated: 6:41am

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.

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.

Friday, 8 November, 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

London Metals Exchange's Garry Jones ready to fight legal battles

The London Metal Exchange's new chief executive said he was ready to fight multiple lawsuits brought over its global ware-housing network, and that critics should not expect a silver bullet to fix their concerns with it.

11 Oct 2013 - 4:00am

Alcoa hits out over LME policy changes

Global aluminium premiums have fallen because of "confusion" over the London Metal Exchange's proposal to overhaul its warehousing policy, Alcoa chief financial officer William Oplinger said.

10 Oct 2013 - 12:39pm

LME-HKEx deal disappoints as commodities fail to take off

Our government may need to review whether the green light given to the local bourse to spend so much on the London Metal Exchange was the right decision. We have found no evidence to show the deal will encourage commodities trading here.

8 Oct 2013 - 1:27am

Stormy exchange

If you judge the success of an exchange by its trading volumes, the London Metal Exchange has been doing just fine in this, its 136th year.

5 Oct 2013 - 3:12am

LME's hopes of breaking into China market fading fast

It's time to wake up from the dream that the Hong Kong stock exchange and its new pet, the London Metal Exchange (LME), might secure a big slice of the mainland's futures trading pie.

5 Oct 2013 - 3:11am 1 comment

LME may find it tough trading agricultural futures

London Metal Exchange faces an uphill battle with its planned introduction of agricultural commodities, with mainland traders and farmers unlikely to pay much attention.

10 Sep 2013 - 3:02am 1 comment

Market insider offered top job at LME, sources say

The London Metal Exchange has offered the job of chief executive to Martin Pratt, two sources said, picking a veteran broker to lead the bourse through the most tumultuous period in its 136-year history.

22 Aug 2013 - 4:58am