Ring Dealing Members
Ring Dealing Members are entitled to trade in the Ring during the ring-trading sessions. They may also operate a 24-hour market by trading inter-office. All Ring Dealing Members, as members of the London Clearing House, are authorised under the Financial Services and Markets Act 2000, and are regulated by the Financial Services Authority. Each metal is traded in its own five-minute period. There are two sessions every trading day for each metal.
Ring Dealing Members are Clearing Members, who hold the exclusive right to trade in the ring;
- Amalgamated Metal Trading Limited
- E D & F Man Capital Markets Limited
- J.P. Morgan Securities Ltd
- MAREX Financial Ltd
- Metdist Trading Ltd
- INTL FCStone Europe Ltd
- Newedge Group (UK Branch)
- Société Générale
- Sucden Financial Ltd
- Triland Metals Ltd
In addition to the 12 companies who have exclusive rights to trade in the Ring, around 100 companies are involved in the LME in total.
Read more about this topic: London Metal Exchange
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