A market for trading base metals, where traded options contracts are available against the underlying futures contract. Bloomberg Financial Dictionary
website: www.lme.co.uk
London Metal Exchange. The UK derivatives exchange which trades metal futures and options, e.g. copper futures. LME is the largest world exchange for base metal derivatives. 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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abbreviation for London Metal Exchange

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   London Metal Exchange. Europe's leading market for trading in metals futures and options. The LME acts as an international barometer of supply and demand for metals worldwide and its official prices are used by producers and consumers for their long-term contacts.
   ■ www.lme.co.uk

Financial and business terms. 2012.

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