LONDON METAL EXCHANGE - LME
Commodities exchange based in London, England which trades non-ferrous metal and plastics. Aluminum, copper, and zinc are the contracts traded in the exchange. Iron and steel are not included. Founded in 1877, LME trading can be done in three major ways: an inter-telephone system between member companies, open outcry, or LME Select, an electronic trading platform.
POPULAR TERMS
Golden Hammer
Over reliance on a specific instrument to perform all kinds of functions. This principle states given a particular tool to use, all seems like a su ...
Mixed Economic System
An economic system with features of both capitalism and socialism. It lets a level of private economic freedom in using capital, but also allows fo ...
Horizontal Audit
An evaluation of a given process across several departments within an organization. A horizontal audit is appropriate for activities that are simil ...
Carbon Credit
Permit issued to holder, which allows for emitting one ton of carbon dioxide. Credits are given to groups or nations that have decreased their gree ...
Net Asset Value Per Share - NAVPS
This refers to the value of a company per share, and is calculated by dividing the total net asset value of the company by the number of shares out ...
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Featured Investment: Annuity
Featured Investment: Annuity
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Digesting Financial Statements: Filing
Companies need to file several financial reports in different periods with the Securities and Exchange Commission.
14A Prox ...
Buying a Home: Selecting a House Suitable for Your Needs
After choosing the best location of your new house, it is about time to decide on the home that you want. Basically, there are three types of homes ...
Principles of Trading: Introduction
Trading is an active participation in the financial markets. Those who partake in buy-and-hold investing are called traders. Also called market pla ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 09:00 | CPI | Apr | |
| 11:00 | 10-y Bond Auction | Apr | |
| 11:00 | Consumer Confidence | ||
| 14:00 | CPI | Apr | |
| 14:00 | Harmonized CPI | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 01:50 | Retail Sales | Mar | |
| 01:50 | Industrial Production | Apr |
