CITIC's CLSA approved for membership of the London Metal Exchange

CITIC

06/05/2026 09:00

LONDON, May 6 (Reuters) - CLSA UK, a subsidiary of China’s CITIC Securities International 600030.SS, has been approved as a Category 2 member of the London Metal Exchange, the company said on Wednesday.

LME membership gives CLSA access to the world's oldest and largest marketplace for trading and hedging industrial metals such as copper, aluminium, zinc and nickel.

Category 2 members can trade for their own account, and issue LME contracts and clear trades through the exchanges clearing house LME Clear for their clients.

The role of industrial metals in the energy transition, the expansion of AI and data centres, and increased military spending has increased investor interest and price volatility, which is attractive to banks and brokers.

CITIC Securities trades on the Shanghai Futures Exchange through its futures brokerage subsidiary, CITIC Futures, which is a registered member of the exchange. It was approved as a clearing member of the Singapore Exchange in April last year.

The LME is owned by Hong Kong Exchanges and Clearing Ltd 0388.HK.

(Reporting by Pratima Desai and Tom Daly; editing by David Gaffen)

((pratima.desai@thomsonreuters.com))