Liquidity, Market Access, 24-Hour Service
The INTL FCStone metals team offers 24-hour LME market making and trade execution across all metals products, as well as access to CME, ICE and futures exchanges worldwide. We operate offices in London, New York, Chicago, Australia and Hong Kong -- allowing for seamless transition of our services. Our position as a Category 1, ring-dealing member of the LME* and as members of NYMEX/COMEX and CME, allows us access to a deep pool of liquidity. This liquidity pool includes our diverse base of customers - from physical traders and hedgers to funds and financial service companies - to our in-house dealers and market makers.
We specialize in exchange-traded products in aluminum, copper, zinc, lead, nickel and tin. We also trade a suite of ferrous products. And we are uniquely positioned to execute and clear futures for 36 exchanges worldwide.
Suite of OTC Swap Products
Complementing our conventional COMEX and LME service, INTL FCStone Markets, LLC (IFM), a member of the NFA and provisionally registered with the CFTC as a swap dealer, and INTL FCStone Ltd (IFL) authorised and regulated by the UK’s Financial Conduct Authority (FCA) offer a range of OTC products tailored to the needs of the metals community and commercial hedgers in particular.
These OTC products in LME and Comex metals include:
- Customized averaging periods that replicate physical pricing terms such as:
- Month-Average Liquidations
- Structured Options
- LME vs COMEX copper arbitrage
- Inter- and Intra-market spread trades
- Non-dollar denominated metals pricing terms
- Weighted Average Pricing
INTL FCStone Ltd (IFL) and INTL FCStone Markets, LLC (IFM), a member of the NFA and provisionally registered with the CFTC as a swap dealer IFM’s products are designed offers a range of OTC products tailored to the needs of the metals community, particularly commercial hedgers. Our OTC products may feature customized averaging periods, structured options, LME vs. COMEX Copper arbitrage and unsecured lines of credit. We offer OTC contracts on LME and COMEX metals.
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 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 INTL FCStone Markets, LLC to individuals or firms who qualify under CFTC rules as an eligible contract participant. Please click here for the full disclaimer
*INTL FCStone Ltd is a category 1 ring-dealing member of the LME and is authorised and regulated by the UK’s Financial Conduct Authority.