DBS gains LME membership, commences trading

Singapore’s DBS has commenced trading as a Category 4 member on the London Metal Exchange, the bank said on Monday June 21.

It is the first bank in Asia to have a remote membership with the LME outside of London, it said. “With the new membership, DBS’ corporate clients in Singapore, China, India, Indonesia, Korea and Hong Kong will have access to a comprehensive suite of hedging and financial solutions to support the diverse needs of metal businesses,” it said. The membership...

Published

Yiwen Ju

June 21, 2021

10:00 GMT

Shanghai