London Metal Exchange Trading Floor

Open outcry trading is particularly important for the lme because of its unique prompt date structure.

London metal exchange trading floor.

Trading floor london metal exchange. 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. 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. Last year 10 3 trillion worth of metals were exchanged at the lme.

Copper prices have tumbled to a six year low as the latest slide in china s stock markets reinforce gloomy prospects for demand in the world s top consumer of the metal. The most famous of which is the floor of the new york stock exchange nyse. Every order comes with a certificate of authenticity from ims vintage photos. Front and back of the image.

9 4 x 12 inches. Ring trading runs concurrently with the lme s other platforms lmeselect and the inter office telephone market. There are many famous floor based trading exchanges in the financial world. Front of photograph back of photograph.

The london metal exchange is the world centre for industrial metals trading. The london metal exchange lme is the world centre for the trade of industrial metals. The metal ended at 5 188 down from 5 260 on friday. There are up to 200 tradable dates per lme metal and open outcry is the most efficient way of trading multiple dates.

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.