Tag: LME

  • LME Group appoints Alistair Baldwin as CTO

    LME Group at present introduced the appointment of Alistair Baldwin as its new Chief Expertise Officer. Mr Baldwin will be part of the Group on 15 January 2024, succeeding Mario Quonils who has determined to relocate again to Germany. LME CEO, Matthew Chamberlain, stated: “I want to thank Mario for his many contributions to the…

  • LME confirms John Williamson as its Chairman

    The London Steel Change (LME) immediately introduced that John Williamson, at present LME Interim Chairman, will turn into the LME’s Chairman, efficient instantly beneath a brand new fixed-term contract by to twenty-eight April 2026. Commenting on his appointment, John Williamson mentioned: “I’m delighted to have been requested to proceed within the position of Chairman of…

  • LME Clear confirms situation with clearing system

    On the morning of 24 October 2023, LME Clear skilled a difficulty with its clearing system, LMEmercury, with sure commerce particulars not being appropriately processed. LME Clear investigated and LMEmercury has now been absolutely restored. All through, LME buying and selling and pricing methods have been unaffected and operated as regular. Throughout the interval that…

  • TradingView provides LME steel futures knowledge

    TradingView retains increasing buying and selling alternatives by including new knowledge to the platform. Right now, TradingView introduced the addition of knowledge on futures on metals from the London Metallic Alternate, the world’s main marketplace for buying and selling industrial metals. The brand new knowledge is already on TradingView charts, ready to be analyzed. The…

  • Homosexual Huey Evans made Class 7 (Honorary) Member of LME

    Ms Homosexual Huey Evans CBE has been made a Class 7 (Honorary) Member of the LME, in recognition of her service to the London Metallic Trade. She has labored inside the finance and commodity industries for over 30 years, as each a longtime market practitioner and regulator, giving her experience throughout commerce, danger, governance, coverage…

  • Sucden Monetary issued with penalty by LME for late report submission

    The LME has discovered Sucden Monetary Restricted (SFL) to be in breach of LME Discover 21/099 and has imposed an automated penalty cost of £3,000.00. On 19 Could 2021, the LME issued Discover 21/099, which launched automated penalty expenses for any Member who fails to submit Commodity Place Report (CPR) information and/or handle Warrant holdings…

  • LME experiences programs problem impacting feeding of trades from LMEsmart to LMEmercury

    LME in the present day printed a discover concerning a problem that occurred on August 8, 2023. On Tuesday, the LME skilled a hardware-related programs problem impacting the feeding of trades from LMEsmart to LMEmercury, which has since been resolved. Whereas buying and selling and pricing had been uninterrupted, commerce particulars regarding buying and selling…

  • LME appoints Nigel Dentoom as Non-Exec Director of Board

    The London Steel Trade (LME) has announce the appointment of Nigel Dentoom as Non-Govt Director of the Board. Nigel Dentoom brings with him 40 years of expertise within the metals sector – spanning each the monetary and bodily markets. He most not too long ago served as CEO and subsequently Non-Govt Director of the LME…

  • LME Clear appoints David Warren as Board Chairman

    LME Clear right now introduced the appointment of David Warren as Chairman of the Board, efficient 20 July 2023. David Warren will succeed Marco Strimer, who will step down as Chairman having reached the top of his time period. David Warren Mr Warren has over 30 years’ expertise in monetary providers and appreciable experience in…

  • LME and Citigroup International Markets attain £50,000 settlement

    LME has introduced a settlement between the London Steel Change (LME) and Class 2 Member, Citigroup International Markets Restricted (SSB) which features a monetary penalty of £50,000. Following an investigation by the LME, the LME and SSB have reached settlement pursuant to Regulation 14.45, Half 2 “Membership, Enforcement and Self-discipline” of the LME Rulebook. The…