Modern CTRM for European LME Trading
Europe is the home of the LME — the world's premier base metals exchange. Novaex provides LME-centric commodity intelligence with European premium tracking, multi-currency support, and a pathway to MiFID II compliance for metals trading firms across the continent.
European Metals Trading Demands
European metals firms face a unique combination of deep LME market expertise and stringent regulatory requirements. MiFID II adds layers of compliance around transaction reporting and position limits. Legacy CTRM systems struggle to combine real-time LME data with the regulatory demands of modern European markets. Novaex is building the platform that bridges this gap.
Built for European Trading Operations
LME-Centric Platform
Deep LME integration with real-time pricing for all base metal contracts. Track 3-month, cash, prompt dates, and carry spreads with sub-second updates.
European Premium Tracking
Monitor Rotterdam duty-paid and duty-unpaid premiums, CIF European port premiums, and other regional indicators. Understand the complete delivered cost of metal in Europe.
EUR/GBP/USD Support
Full multi-currency support for European operations. See positions and P&L in EUR, GBP, or USD with automatic real-time FX rate integration.
MiFID II Readiness
Novaex is being built with MiFID II/MiFIR compliance in mind. Transaction reporting, best execution monitoring, and position limits tracking are on our roadmap for end of 2026.
Why European Firms Choose Novaex
Modern, LME-centric commodity intelligence with European regulatory awareness.
LME Expertise
Purpose-built for LME-centric trading with deep understanding of London metals markets.
European Premiums
Track the regional premiums that determine actual metal costs in European markets.
Integrated Risk
Unified position management across physical, financial, and FX exposures.
Compliance Ready
Designed for European regulatory environments including MiFID II readiness.
Frequently Asked Questions
Modern CTRM for European Metals
Get LME-centric pricing intelligence, European premium tracking, and MiFID II-ready compliance for your metals trading operations.