Tag: lme

October 10, 2023 BY Elizabeth Anderson

LME engages global collaboration to improve its ESG data platform

Known as LMEpassport, the platform in question is the digital information register that details the sustainability of metals traded on this exchange. To date, it lists 466 disclosures from 219 brands, including copper, aluminium, zinc, and lead.  Don’t miss out the latest news, subscribe to LeapRate’s newsletter In 2021, when LMEpassport launched, it contained only…

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Avelacom to provide low latency connectivity to the London Metal Exchange
March 11, 2021 BY Steffy Bogdanova

Avelacom to provide low latency connectivity to the London Metal Exchange

With the new partnership, trading firms using Avelacom’s network, firms benefit from low latencies between LME and other global commodity markets, connecting to market data and executing trades for all instruments across multiple commodity markets via a single cross-connect established at Interxion, the LME’s primary data centre. Aleksey Larichev, CEO of Avelacom said: Avelacom’s network…

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LME proposes requirements for the responsible sourcing of metal in listed brands
October 05, 2018 BY Valentina Kirilova

LME proposes requirements for the responsible sourcing of metal in listed brands

The London Metal Exchange (LME) has published a position paper detailing new proposed requirements for listed brands regarding the responsible sourcing of metals, which align with the principles set out by the Organisation for Economic Co-operation and Development’s (OECD) “Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas” (Guidance). LME…

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INTL FCStone opens its know-risk platform to broader market
July 17, 2018 BY Valentina Kirilova

INTL FCStone Ltd becomes member of LMEprecious service

INTL FCStone Inc. (NASDAQ: INTL) has announced that its London-based subsidiary, INTL FCStone Ltd, is one of the first general clearing members to join the London Metal Exchange's (LME) newly created LMEprecious service, following its launch last year. The LME, along with the World Gold Council and a group of industry participants, created LMEprecious to…

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LME proposes requirements for the responsible sourcing of metal in listed brands
July 17, 2018 BY Valentina Kirilova

McKay Brothers reduces latency on UK metals data

McKay Brothers International (MBI) announced that it has reduced latency on the select London Metal Exchange (LME) data it redistributes via the wireless Quincy Extreme Data (QED) service. The reduction reflects MBI’s adoption of the new LMEsource multicast feed and the deployment of FPGA feed handlers. The median improvement from these changes is 400 microseconds,…

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January 23, 2017 BY Valentina Kirilova

London Metal Exchange Chief Executive Garry Jones retires

Hong Kong Exchanges and Clearing Limited (HKEX), The London Metal Exchange (LME) and LME Clear (LMEC) (wholly-owned subsidiaries of HKEX) just announced that Garry Jones, the LME’s Chief Executive and an executive director of the LME and LMEC, is retiring from all his positions within the HKEX Group, including his positions at the LME and…

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January 09, 2017 BY Valentina Kirilova

HKEX announces new record highs in 2016 Market Statistics

Just a few days after Hong Kong Exchanges and Clearing Limited (HKEX) announced that USD/CNH futures volume rose to all-time high, the exchange published a set of market statistics for the full year of 2016. The year saw an outstanding performance in Hong Kong’s derivatives market with a number of new records set. Total turnover…

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