Britannia World Markets has announce that on account of rising consumer demand for its metals buying and selling providers, it utilized to the London Metallic Trade (LME) and has now obtained affirmation of its Class 4 membership.
Having centered on Over-The-Counter (OTC) metallic buying and selling for the previous three years, Britannia joins the LME amid demand from shoppers for extra direct market entry. The transfer by Britannia comes after its metals desk appointed Neil Welsh as its new Head of Metals who rejoined the agency in November 2024 and extra just lately Francisco Gomes joined from Marex as Metals Dealer. Steve Pettitt, CEO at Britannia World Markets, stated: “The LME stays the world’s most vital and preeminent buying and selling venue for base metals, so we’re more than happy to obtain our Cat 4 membership. Demand for metals buying and selling at Britannia World Markets has grown to such an extent that our shoppers will profit vastly from this transfer. With the ability to commerce straight by way of the LME will drastically improve our metals providing from a number of standpoints, together with pricing, transparency and above all credibility.”
