Risk Warning: Financial trading in a leveraged product may result in losses that exceed your initial deposit. Leveraged trading is not suitable for everyone, so please ensure that you fully understand the risks involved prior to trading.
|LMEselect||01:00 – 19:00|
|Ring trading||11:40 – 17:00|
Ring Trading Times
First session (UK)
|Cobalt and Molybdenum||12:20-12:25|
Second session (UK)
16.35 – Tin ceases trading
16.40 – Lead and Steel Billet cease trading
16.45 – Nickel and Cobalt cease trading
16.50 – Zinc ceases trading
16.55 – Copper and Molybdenum cease trading
17.00 – Primary Aluminium, Aluminium Alloy and NASAAC cease trading
The Ring provides the most transparent and credible global reference pricing for the metals industry worldwide.
Dealing with Ring members allows for market colour and visibility of order flow which can help with market direction.
The highest trading volumes in the 5 minute Ring times for each metal means execution of large orders can be absorbed by the market without affecting the price significantly and with anonymity.
Speed of execution is considerably slower due to the number of processes involved in executing an order.
Increased chance of there being an error in the transaction due to the human involvement in the execution process.