What is the LME Index?
The London Metal Exchange (LME) is the world’s most prominent exchange for industrial metals trading. The pricing across the platforms are the world standard for pricing quotes.
Uses of the LME Index
The London Metal Exchange index is used as a platform form trading metals and investment commodities.
Risks of the LME Index
Metals like many commodities, are able to gain relatively short term spikes but are also at risk of sufferring large busts similar to tech when entire industries can virtually collapse.