Weekly Base Metal Macro Economic Slides
Wed, Nov 29, 2023 at 02:32 PM UTC
Base metals solutions
The StoneX metals team specializes in exchange-traded aluminum, copper, zinc, lead, nickel, and tin products. We also trade a suite of ferrous products. Spanning more than 35 years, our metals experience and focus on client service rank us as one of the best metals firms in the world.
Global presence. Worldwide opportunity.
As one of only nine ring-dealing members of the London Metal Exchange (LME) and a member of NYMEX/COMEX, our Category One membership offers distinct LME capabilities: OTC contracts, on exchange futures, active averaging desks, and partial tonnage.
We provide clients with a full-service base metals trading capability and global access to the related financial markets 24 hours a day through offices in New York, London and Singapore. We are also a reliable and competitive wholesale supplier of precious metals.
Exclusive membership. Unparalleled access.
As a Type One ring-dealing member of the London Metal Exchange we provide full-service trading capacities and global market access 24 hours a day.
LME products:
- LME base metals (aluminum, copper, zinc, lead, nickel, tin and alloys – Aluminum Midwest Premium, Aluminum European Premium & Alumina), precious metals and a suite of ferrous products including steel rebar, steel scrap and iron ore
- Exchange traded future and OTC contracts
- LME options and TAPOs
- LME averaging
- LME warrants
- Partial tonnage hedging
- Multi-currency FX
Comprehensive capabilities. Exceptional service.
Our global resources and membership in worldwide key exchanges enable us to provide products and services beyond those of lesser firms.
Voice brokerage trading services
The Metals team offers 24-hour online or voice brokerage trade services in futures, options, swaps, OTC, and foreign exchange through our operations in New York, Charlotte, London, Hamburg, São Paulo, Hong Kong, Sydney, and Singapore.
OTC solutions
We also offer over-the-counter (OTC) products tailored to meet the specialized needs of the metals market, particularly commercial hedgers, including fixed for floating and month-average liquidations that replicate physical pricing terms.
Risk management
Protect your margins and enable more significant strategic planning. The Metals team helps clients better manage their risk through customized hedge analysis and implementation and execution strategies.
Enterprise perspective
Understanding a client’s enterprise is the only way to help identify and manage risks beyond their metals exposure. We pride ourselves on knowing our clients and have an entire range of services available to them through our global financial services platform.
Market insights
Our presence on the trading floors of the LME and NYMEX/COMEX informs our robust, global Market Intelligence platform. Delivered across online and voice formats, highlights include extensive daily and monthly fundamental and technical analysis from our team’s expertise.
BMXecute®
Elevate your base metal trading in real time with our reliable, intuitive and secure trading platform. Get instant access to intraday and historic trading archive, order status, cards, and accounts for exchange and OTC products. Take greater control of your risk management strategies.
- BMXecute® is StoneX’s proprietary electronic trading platform providing real-time competitive pricing in base metals.
- Easily access live position analytics and margin monitoring.
- Backed by StoneX’s global team of metals professionals.
- Experience seamless execution.
- Track and view orders in real time.
- Access to liquidity across all time zones, virtually 24 hours a day.
- Online order capability
Physical trading
We’ve extended our offering of physical trading beyond bullion to include the physical trading of LME warrants. From our inventory or our clients’ inventory base, we can source LME material worldwide and present our clients with full back-office service and financing solutions.
StoneX metals brochure
Our team of metals brokers provides futures & OTC execution, clearing, and advisory services to corporate hedgers, investors, and financial service companies.
Why choose StoneX?
Our comprehensive offering goes beyond exchange-traded products in LME metals to include physical trading, OTC, risk management, operational support and market intelligence across the entire global commodities complex. Our focus is client first – always.
Who we serve
We work with all types of clients in the metals industry and clients with exposure to the market, including:
- Bullion wholesalers & traders
- Refiners & smelters
- Banks & financial institutions
- Equipment manufacturers
- Mining companies
- Pharmaceutical & industrial users
- Oil & gas
- Electronics
- Recyclers
- Transportation
- Wholesalers & retailers
- Investors
Explore our solutions
StoneX offers a wide variety of customized financial services to help you meet your strategic objectives.
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Commodity risk productsMitigate your exposure to commodity price volatility with StoneX's strategic risk products. -
Inventory financingSecure seasonal cash flow, increase supplies of inventory and efficiently manage working capital with our inventory finance options. -
Physical contract hedgingDiscover how StoneX’s risk management programs can help you hedge against physical commodity risk and protect your bottom line. -
Supply chain & logisticsMitigate price risk and effectively manage commodity purchases and sales with our seamless execution of supply chain management services.
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FAQs
What are base metals?
Base metals refer to a group of naturally occurring metallic elements that are more common and less expensive than precious metals. The most recognized base metals include aluminum, copper, zinc, lead, nickel, and tin. These are highly sought metals for various applications, including industrial manufacturing, electronics, pharmaceutical, construction, and investment.
How do I invest in base metals?
Investing in base metals can be done through various methods, including purchasing physical metals through a dealer or trading on one of several metals exchanges.
Base metals futures are contracts that allow investors to speculate on the future price of a given metal. These contracts are traded on a commodities exchange and are a popular way for traders to gain exposure to the base metals market. If you are interested in trading base metals, contact our team today.
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Let’s get connected
To learn more about how our customized financial solutions can help you stay one step ahead in the global markets, contact our team today.
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If you're an existing customer, please direct any inquiries to your StoneX sales team.
StoneX Financial Ltd is authorized and regulated by the Financial Conduct Authority and is a Category 1 Ring Dealing Member of the London Metal Exchange. The FCM Division of StoneX Financial Inc. acts in the capacity of an agent in the U.S. for StoneX Financial Ltd. Commodity trading involves risks, and you should fully understand these risks before trading. This information shall not constitute a solicitation to buy or sell futures or options contracts, or OTC products. ‘StoneX’ is the trade name used by StoneX Group Inc. and all its associated entities and subsidiaries.
Through the FCM Division of StoneX Financial Inc., a clearing member of the Commodity Exchange (COMEX) and the New York Mercantile Exchange (NYMEX), the Metals Team provides comprehensive futures and options on these exchanges. OTC swaps are also available on these products through StoneX Markets LLC. Through our membership on the Chicago Mercantile Exchange (CME), our clients can access its full product slate including the plastics, NGL, and olefins contracts.
The FCM Division of StoneX Financial Inc. is a Futures Commission Merchant registered with the Commodities Futures Trading Commission ("CFTC").
The trading of commodities and derivatives such as futures, options, and swaps involves substantial risk of loss and may not be suitable for all investors. Advisory services as well as the trading of futures and options is available through various subsidiaries of StoneX Group Inc. including but not limited to the FCM Division of INTL FCStone Financial Inc. Public Disclosures for the FCM Division of INTL FCStone Financial Inc. The trading of over-the-counter products or swaps is available through subsidiary stoneX Markets LLC to individuals or firms who qualify under CFTC rules as an eligible contract participant. Please click here for the full disclaimer.