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"The [London Metal Exchange’s] history dates back to the early 19th century, when metal traders drew a circle in the sawdust on the floor of the Jerusalem Coffe
by Confiks 5y ago
"The [London Metal Exchange’s] history dates back to the early 19th century, when metal traders drew a circle in the sawdust on the floor of the Jerusalem Coffee House in the City of London. Today, in addition to its electronic market, it’s one of the last exchanges where brokers still gather in person to yell orders at one another for part of the day." [1] [2]
[1] https://www.bloomberg.com/news/articles/2022-03-14/inside-nickel-s-short-squeeze-how-price-surges-halted-lme-trading https://www.bloomberg.com/news/articles/2022-03-14/inside-ni...
[2] https://www.youtube.com/watch?v=VOvA5HWdbmc https://www.youtube.com/watch?v=VOvA5HWdbmc