Modern CTRM for EU LME Trading
EU metals desks trade a London-priced market under EU rules. Novaex provides LME-centric commodity intelligence with Rotterdam and CIF European port premium tracking, EUR reporting, and a pathway to MiFID II compliance for firms across the EU. UK desks are covered on our dedicated UK page.
EU Metals Trading Demands
EU 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 EU 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/USD Support
Full multi-currency support for EU operations. See positions and P&L in EUR or USD with automatic real-time FX rate integration. Sterling reporting is covered on our UK page.
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 EU Firms Choose Novaex
Modern, LME-centric commodity intelligence with EU regulatory awareness.
LME Expertise
Purpose-built for LME-centric trading with deep understanding of London metals markets.
EU Premiums
Track the Rotterdam and CIF port premiums that determine actual metal costs in EU markets.
Integrated Risk
Unified position management across physical, financial, and FX exposures.
Compliance Ready
Designed for EU regulatory environments including MiFID II readiness.
Where else we operate
Novaex serves base-metals teams across these regional markets — each with its own exchange, currency and supplier patterns.
India Commodity Trading
Integrated MCX and LME pricing, INR-denominated analytics and audit-ready reporting for Indian desks.
Southeast Asia Metals
ASEAN base-metals trading with SHFE-led pricing signals and multi-currency exposure.
Middle East Metals Trading
GCC smelter and trading hub coverage with multi-currency analytics for AED, SAR and USD desks.
UK Metals Trading
London desk with the LME as a domestic market, UK delivered cost and sterling reporting.
North America Metals Trading
US and Canadian desks with Midwest Premium, tariff exposure and USD/CAD reporting.
Frequently Asked Questions
Modern CTRM for EU Metals
Get LME-centric pricing intelligence, EU premium tracking, and MiFID II-ready compliance for your metals trading operations.