London Metal Exchange Trading Floor

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London metal exchange trading floor.

And until recently the london metal. The prices discovered on our three trading platforms are used as the global reference price and both the metal and investment communities use the lme to transfer or take on risk 24 hours a day. Open outcry trading is particularly important for the lme because of its unique prompt date structure. There are many famous floor based trading exchanges in the financial world.

Front and back of the image. The most famous of which is the floor of the new york stock exchange nyse. The london metal exchange has issued a daytime drinking ban for its 120 trading floor members cracking down on a reputation for boozy meetings and liquid lunches chronicled by the former trader. There are up to 200 tradable dates per lme metal and open outcry is the most efficient way of trading multiple dates.

Located in london england the lme is the world center for the trading of industrial metals with more than three quarters of all non ferrous metal futures business transacted on the exchange. Front of photograph back of photograph. The london metal exchange lme is the world centre for the trade of industrial metals. Last year 10 3 trillion worth of metals were exchanged at the lme.

The 139 year old london metal exchange lme will wrap up open outcry trading on wednesday at its red leather ring before moving the trading floor to a new home elsewhere in the capital s. 9 4 x 12 inches. Trading floor london metal exchange. The london metal exchange is the world centre for industrial metals trading.

Ring trading runs concurrently with the lme s other platforms lmeselect and the inter office telephone market.