London Metal Exchange

The London Metal Exchange (LME) is a global marketplace where traders buy and sell industrial metals like copper, aluminum, zinc, and nickel. It helps set prices for these metals through futures contracts, enabling producers and consumers to manage price risks. The LME operates with open-outcry trading at its headquarters and electronic platforms, providing transparent, standardized contracts that facilitate international trade and investment. It plays a crucial role in the metals industry by ensuring fair, efficient, and reliable pricing for these essential commodities.