Britannia Global Markets has announce that due to growing client demand for its metals trading services, it applied to the London Metal Exchange (LME) and has now received confirmation of its Category 4 membership.
Having focused on Over-The-Counter (OTC) metal trading for the past three years, Britannia joins the LME amid demand from clients for more direct market access. The move by Britannia comes after its metals desk appointed Neil Welsh as its new Head of Metals who rejoined the firm in November 2024 and more recently Francisco Gomes joined from Marex as Metals Broker. Steve Pettitt, CEO at Britannia Global Markets, said: “The LME remains the world’s most important and preeminent trading venue for base metals, so we are very pleased to receive our Cat 4 membership. Demand for metals trading at Britannia Global Markets has grown to such an extent that our clients will benefit hugely from this move. Being able to trade directly via the LME will greatly enhance our metals offering from several standpoints, including pricing, transparency and above all credibility.”
