LmeS_ Copper 03, members trade through electronic trading system,

On-site copper is the open bid of LME copper industry on the exchange, which is similar to gesturing on the exchange TV. Is the most traditional way of trading.

LME office telephone transaction, electronic transaction and floor transaction are carried out separately, but the emphasis is different in different periods. ?

At the end of intra-circle trading in the morning, that is, the last spot quotation of intra-circle trading in the second quarter becomes the official settlement price of LME. This price is generally recognized by relevant markets and is usually regarded as the basis of spot pricing.

Insider trading and OTC trading are collectively referred to as floor trading. All metals can be traded at the same time during OTC trading hours, but each metal can be traded separately for 5 minutes in turn during OTC trading hours.

The time mentioned in this article is Beijing time, which is 8 hours earlier than the local Beijing time in London. In summer, due to the 7-hour time difference in British daylight saving time, the trading time is advanced 1 hour.

The trading hours of LME are as follows:

1, LME- Option: 09: 00-03: 00 (the next morning)

2. Off-exchange transaction (also called office or telephone transaction): 24 hours?

3. Ring trading &; OTC): 19: 45-0 1: 00 (the next morning)

The first section begins.

Aluminum alloy 19: 45- > tin 19: 50- > aluminum 19: 55- > copper 20: 00- > lead 20: 05- > zinc 20: 10- > nickel 20:.

The market is closed for 5 minutes at 20:25.

The second quarter begins at 20:30.

Copper 20: 30- > aluminum alloy 20: 35- > tin 20: 40- > lead 20: 45- > zinc 20: 50- > aluminum 20: 55- > nickel 2 1:00.

2 1:05 The second quarter is over and the market is closed 10 minute. The official quotations for eight metals were announced and confirmed.

2 1: 15 The official quotation ends and OTC trading begins.

2 1:30 OTC trading ends.

noon break

23: 10 The third quarter begins.

Aluminum alloy 23: 10

23: 15 closed for 5 minutes.

Lead 23: 20- > zinc 23: 25- > copper 23: 30- > aluminum 23: 35- > tin 23: 40- > nickel 23:45.

The market closes for 5 minutes at 23:50.

At 23:55, the fourth quarter begins.

Polypropylene 23: 55- > lead 00: 00- > zinc 00: 05- > copper 00: 10- > aluminum 00: 15- > tin 00: 20- > nickel 00: 25- > aluminum alloy 00:30.

00:35 The fourth quarter ends and OTC trading begins.

0 1:00 OTC trading ends.

* No formal offer this afternoon?

LMES copper is an electronic disk, and LME copper is OTC copper.