X-Nico

2 unusual facts about London Metal Exchange


LME

London Metal Exchange, the futures exchange with the world's largest market in options and futures contracts on base and other metals

Oonagh McDonald

McDonald is currently a director of the British Portfolio Trust, Complaints Commissioner for the London Metal Exchange, ICE Futures and Virt-x and a member of International Monetary Fund's Expert Roster.


2008 Société Générale trading loss

Yasuo Hamanaka caused a loss of about $2.6 billion, over ten years, in unauthorized copper trading on the London Metal Exchange

Aldgate

The ward today is dominated by the insurance industry, with several brokers and underwriters based there; prominent buildings include the Lloyd's Register building, 30 St Mary Axe (formerly the Swiss Re Building), the Willis Building and the London Metal Exchange.

Futures exchange

The London Metal Market and Exchange Company (London Metal Exchange) was founded in 1877, but the market traces its origins back to 1571 and the opening of the Royal Exchange, London.

Hop Exchange

There were many similar outcry floor exchanges across London, such as the Coal, Metal and Stock exchanges, but wartime bombing, fires, redevelopment and modernisation have left the Hop Exchange the only one still standing.

Pechiney

Brandeis (Brokers) Ltd was a broker and ring dealing member on the London Metal Exchange that operated as a subsidiary of Pechiney from 1981 through 2000, when it was banned from trading by the FSA.

Shanghai Metal Exchange

SHME is located in the city of Shanghai and its geographical location bridges the time gap between London Metal Exchange and New York Mercantile Exchange markets, thus enabling traders across the world to have a 24-hour access to futures contracts of non-ferrous metals.


see also

Rudolf Wolff

The London Metal Exchange - a commodity market (Woodhead-Faulkner Ltd. in association with Metallgesellschaft AG, 1st Edition 1976) ISBN 0-85941-042-0