London Metal Exchange

London Metal Exchange
( LME)
A market for trading base metals, where traded options contracts are available against the underlying futures contract. Bloomberg Financial Dictionary
( LME)
A base metal derivatives exchange; a Recognised Investment Exchange. Dresdner Kleinwort Wasserstein financial glossary
London Metal Exchange ( LME)
An international market for the trading of non-ferrous metals ( copper, aluminium, lead, nickel, tin and zinc). London Stock Exchange Glossary

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London Metal Exchange ˌLondon ˈMetal Exˌchange abbreviation LME noun FINANCE
in Britain, the main market where metals other than iron are traded, usually as Futures (= contracts to buy something at a fixed price for delivery on a fixed date)

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   ► See LME.

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London Metal Exchange UK US noun (ABBREVIATION LME) FINANCE
a market for trading metals futures (= agreements to buy or sell metals at a future date) and options (= rights to buy them at a future date)

Financial and business terms. 2012.

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