The London Metal Exchange (LME) is a principal-to-principal market that was established in 1877 and was originally known as the London Metals and Mining Company. The exchange offers futures and options contracts for aluminum, copper, lead, nickel, tin, zinc, and two regional aluminum alloys. In 2005, LME introduced futures contracts in polypropylene and linear low density polyethlene. The Exchange is regulated by both LME and UK Financial Services Authority (FSA).
The LME matching engine is located in London.
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