Tradingview has announced the extension of covering the London Metal Exchange (LME), giving its users access to a wider range of tools for deeper resolution.
TradingView users can now exceed the formal contracts of future fulfillment to explore cash, N-Month contracts and other additional data, helping them better understand the markets of basic products.
Founded in 1877, London Metal Exchange is the world’s leading market for negotiation, iron and precious metals. In addition to managing derivatives trading, it also allows the natural delivery of goods through a global warehouse network. For traders and investors, LME plays a decisive role in compensating their portfolios against the risk of fluctuations in metal prices.
Until now, LME coverage was limited to common future contracts and the LME index. With the latest update, traders can access Spot contracts with the delivery the next day, such as these future fulfillment contracts, and N Futures N (3, 15, 27 months and beyond), such as the future 3 -month fulfillment contracts.
In addition, tradingView users now have access to additional data, such as the statistics of the lead warehouse that monitors the metal maintained in approved exchange warehouses, generally reflecting the levels of natural lead stocks eligible for settlement. A decline in price may indicate the supply supply or the increase in demand, so that along with other recent added data, a valuable addition to market analysis can be made.
To explore the full list of recently added data, simply open the symbols to tradingView and type the “LME:” prefix.
The TradingView platform is linked to hundreds of data supply, with direct access to 2,019,615 instruments from around the world.