Showing posts with label London Metal Exchange (LME). Show all posts
Showing posts with label London Metal Exchange (LME). Show all posts

Monday, November 16, 2020

Shanghai Futures Exchange’s Copper Opens to International Participation

 The much anticipated inclusion of international participation in the Contract is planned to be launch on Nov. 19, 2020.


The enthusiasm for the highly liquid contract inclusion doesn’t come as a surprise as global capital markets traders seek alpha.

China is the world’s top consumer of metals and accounts for over 50% of the world's demand for copper.

The contract size is 5 metric tons, the price is quoted in Chinese Yuan, and the trading hours are 9:00 a.m. to 11:30 a.m. and 1:30 p.m. to 3:00 p.m.

Often considered a low risk commodity by traders because of its versatile applications and sometimes used as collateral in China’s shadow banking industry copper demand in China remains steady. #china #futurestrading #futures #SHFE #shanghai #copper #LME #cmegroup Ceres Ltd #alpha

Thursday, October 24, 2013

London Metal Exchange sets up presence in Shanghai FTZ



David Nealis President of Ceres Ltd
London Metal Exchange sets up presence in Shanghai FTZ

Chinese state media has reported that the London Metal Exchange (LME) will open in the Shanghai free-trade zone, becoming the first international exchange house to establish a presence in the FTZ. The LME is the futures exchange with the world's largest market in metals options and futures contracts. It has over 700 approved warehouses for physical commodities in 37 locations in 14 countries. The LME was taken over by the Hong Kong Exchange in December 2012 for US$2.2 billion.


To Trade Global and Chinese Futures Contact Us; info@ceres888.com

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition

Monday, May 14, 2012

London Metal Exchange to expand in China

David Nealis President of Blue Bridge

London Metal Exchange to expand in China

The London Metal Exchange (LME) has reported that it is planning to expand its warehouse network into mainland China, the largest user of base metals including copper. LME is the biggest marketplace for industrial metals and was weighing takeover offers in the third week of May 2012. LME licenses a network of over 600 storage sites the world over where users can deposit metals in Japan, South Korea, Singapore, and Malaysia. Martin Abbott, LME’s CEO, said that the demand for metals in Asia will continue to grow.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?


Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.