Access worldwide exchange and OTC markets
We're active in base metals, precious metals, steel and iron ore, offering multiple access points, help, experience and solutions for whatever price risk you face, or liquidity you require. We are a category 1 member of the London Metal Exchange (LME) and a full member of the London Bullion Market Association.
We execute and clear a significant proportion of the market activity on the London Metal Exchange (LME), the world's largest non-ferrous metals exchange. We also provide direct access to the CME’s base metal futures and options contracts, on its COMEX exchange. We provide base metals services for producers, consumers, fabricators and traders, brokers, financial institutions, hedge funds and investors in the commodity futures and options markets.
We provide futures and options brokerage for industrial users of gold, silver, platinum and palladium, as well as for market makers, brokers, funds and traders, covering all hedging and speculative requirements. We also provide access to OTC forwards, swaps, options and spot contracts through our range of specialist FX services.
Steel and Iron Ore
We provide execution and clearing for cash-settled and physically delivered futures, options and swaps in the steel and iron ore markets, for both exchange and OTC traded contracts.
COVID cases are rising across the globe as the delta variant spreads, this is causing some nervousness in financial markets, especially with the higher inflation rhetoric. Commodity prices have fallen since the Fed changed their tune inflation, the dollar has stabilised which has also been a headwind to prices. The summer months are traditionally quieter for metals demand which could prompt metals to consolidate. If the delta variant continues to spread, we may see higher levels of stimulus for longer. As things stand stimulus levels are set to be tapered and this could be brought forward if inflation remains high. We expect markets to remain volatile but on lower volume through the summer months.
Monthly commentary covering the FX markets, providing insights on recent developments on select currency pairs. Cryptocurrencies are the focus of this month's FX Monthly report. The report includes a macroeconomic overview as well as desk comments and technical analysis on key currency pairs.