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London Metal Exchange |
Also found in: Acronyms, Wikipedia, Hutchinson | 0.01 sec. |
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London Metal Exchange (LME) A market for trading base metals, where traded options contracts are available against the underlying futures contract. London Metal Exchange The world's largest futures and options exchange for metals. It was established in 1877, though it traces its roots back to 1571. The LME trades derivative products based on copper, lead, zinc, aluminum and aluminum alloy, nickel, steel, and tin. Since 2005, plastic has traded on the LME.
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