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Quantitative Finance · Glosario

¿Qué es LME official price?

Definition 8.3 Markets III: Commodities, Energy and Crypto · Capítulo 8 — Metals

The LME official price of a metal is the price set each business day from the final bids and offers of the second session of the exchange’s open-outcry trading floor (the Ring), for the cash, three-month and some later dates; physical contracts across the industry price against it, much as oil cargoes price against an agency’s assessment.

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