Home > Glossary > London Metal Exchange

Meaning / Definition of

London Metal Exchange

Categories: Investing and Trading, Futures,

one of the world's largest nonferrous metal exchanges, based in London. Its origins can be traced back to the opening of the Royal Exchange in 1571, though in its present form it dates from 1877. It now deals in aluminum, copper, lead, nickel, tin, and zinc, as well as other, minor metals. The primary roles of the exchange are hedging, providing official international reference prices, and appropriate storage facilities.

Featured term of the day

Definition / Meaning of

Credit Default Swap

Categories: Insurance, Credit and Debt, Investing and Trading, Statistics and Risk Management, Stocks,

removed

Most popular terms

1. Franchised Monopoly
2. Section 9 Renewal Application
3. Subprime Loans
4. Personal Profit Exclusion
5. McDonough Ratio
6. Spousal Coverage Extension
7. Lead Time
8. Hybrid Mortgage
9. Sarbanes-Oxley Act Of 2002
10. Genetic Information Nondiscrimination Act (GINA) Of 2008

Search a term

Keyword:

Browse by alphabet

ABCDEFG
HIJKLMN
OPQRSTU
VWXYZ#

Browse by category

Accounting
Banking
Bankruptcy Assistance
Bonds and Treasuries
Brokerages
Business and Management
Compliance and Governance
Credit and Debt
E-commerce
Economics
Estate Planning
Forex
Fraud
Fundamental Analysis
Futures
Global
Insurance
International Trade
Investing and Trading
Ipos
Legal
Loan and Mortgage
Mergers and Acquisitions
Mutual Funds
Operation and Production
Options
Patent
Personnel Management
Real Estate
Retirement and Pension
Statistics and Risk Management
Stocks
Strategies
Tax
Technical Analysis
Venture Capital