The London Metal Exchange (LME) is pleased to announce that CLSA UK has today been approved as a Category 2 member.
CLSA UK is a subsidiary of CITIC Securities International (CSI) which provides institutional clients worldwide with professional services including corporate finance, capital markets advisory, asset management, wealth management, and securities brokerage.
Matthew Chamberlain, LME CEO, said: “We are delighted to welcome CLSA UK as a member of the LME. CLSA UK, supported by CITIC’s extensive international network and strong institutional franchise, is a significant addition to the LME community. It will strengthen the LME's connectivity with China and Asia, enhancing our market’s ability to support the evolving risk‑management and investment needs of global metals market participants.”
The LME will issue a further notice to confirm when CLSA UK will commence trading.
Background
- Category 2 members can trade on their own account and on behalf of clients on LMEselect and the inter-office market. They are members of LME Clear and can issue LME registered client contracts.
- A full list of LME members can be found on our website.
- CITIC Securities International is a wholly-owned subsidiary of CITIC Securities which is listed on the Shanghai Stock Exchange and Hong Kong Stock Exchange. CITIC Securities has branch offices spanning 13 countries and operates in various fields including securities, funds, futures, foreign exchange, and commodities, while maintaining a leading market position in each of its major businesses.
