London Metal Exchange

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```wiki

  1. REDIRECT London Metal Exchange

Introduction

The Template:Short description is an essential MediaWiki template designed to provide concise summaries and descriptions for MediaWiki pages. This template plays an important role in organizing and displaying information on pages related to subjects such as Binary Options, IQ Option, and Pocket Option among others. In this article, we will explore the purpose and utilization of the Template:Short description, with practical examples and a step-by-step guide for beginners. In addition, this article will provide detailed links to pages about Binary Options Trading, including practical examples from Register at IQ Option and Open an account at Pocket Option.

Purpose and Overview

The Template:Short description is used to present a brief, clear description of a page's subject. It helps in managing content and makes navigation easier for readers seeking information about topics such as Binary Options, Trading Platforms, and Binary Option Strategies. The template is particularly useful in SEO as it improves the way your page is indexed, and it supports the overall clarity of your MediaWiki site.

Structure and Syntax

Below is an example of how to format the short description template on a MediaWiki page for a binary options trading article:

Parameter Description
Description A brief description of the content of the page.
Example Template:Short description: "Binary Options Trading: Simple strategies for beginners."

The above table shows the parameters available for Template:Short description. It is important to use this template consistently across all pages to ensure uniformity in the site structure.

Step-by-Step Guide for Beginners

Here is a numbered list of steps explaining how to create and use the Template:Short description in your MediaWiki pages: 1. Create a new page by navigating to the special page for creating a template. 2. Define the template parameters as needed – usually a short text description regarding the page's topic. 3. Insert the template on the desired page with the proper syntax: Template loop detected: Template:Short description. Make sure to include internal links to related topics such as Binary Options Trading, Trading Strategies, and Finance. 4. Test your page to ensure that the short description displays correctly in search results and page previews. 5. Update the template as new information or changes in the site’s theme occur. This will help improve SEO and the overall user experience.

Practical Examples

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Related Internal Links

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These internal links not only improve SEO but also enhance the navigability of your MediaWiki site, making it easier for beginners to explore correlated topics.

Recommendations and Practical Tips

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Conclusion

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    • Financial Disclaimer**

The information provided herein is for informational purposes only and does not constitute financial advice. All content, opinions, and recommendations are provided for general informational purposes only and should not be construed as an offer or solicitation to buy or sell any financial instruments.

Any reliance you place on such information is strictly at your own risk. The author, its affiliates, and publishers shall not be liable for any loss or damage, including indirect, incidental, or consequential losses, arising from the use or reliance on the information provided.

Before making any financial decisions, you are strongly advised to consult with a qualified financial advisor and conduct your own research and due diligence. ```wiki Template:Infobox template

Template:Infobox organization is a standardized MediaWiki template used to present a concise summary of essential information about an organization at the top of an article. It’s a crucial component of many Wikipedia articles, providing readers with a quick overview of key facts before they delve into the detailed text. This article provides a comprehensive guide for beginners on how to use and understand this template. It will cover its purpose, structure, common parameters, advanced usage, troubleshooting, and best practices.

Purpose and Benefits

The primary goal of the Infobox organization template is to enhance readability and provide a structured presentation of organizational data. It offers several benefits:

  • Consistency: Ensures a uniform appearance across articles about different organizations, making information easier to locate.
  • Quick Overview: Allows readers to quickly grasp the essential facts about an organization without reading the entire article.
  • Navigation: Can include links to the organization's website, official social media pages, and related articles, aiding in further exploration.
  • Visual Appeal: Adds a visual element to the article, breaking up large blocks of text and making the page more engaging.
  • Data Standardization: Encourages the use of standardized data, which can be useful for data mining and other analytical purposes. This is especially important when comparing organizations.

Basic Structure and Syntax

The template is implemented using the following basic syntax:

```wiki Template loop detected: Template:Infobox organization ```

Each line represents a parameter-value pair. The parameter name is followed by an equals sign (=), and then the corresponding value. Values can be plain text, links, images, or other valid MediaWiki markup. Whitespace around the equals sign is generally ignored, but it's good practice to maintain consistent formatting for readability.

Common Parameters

The Infobox organization template offers a wide array of parameters. Here's a breakdown of the most commonly used ones:

  • name: (Required) The official name of the organization.
  • image: The filename of an image to display in the infobox. Use
    File:Example.png
    Caption
    to control size and add a caption.
  • caption: A caption for the image.
  • logo: Specifically for the organization's logo. Often used in conjunction with or instead of 'image'.
  • logo_size: Allows controlling the size of the logo.
  • alt: Alternative text for the image, important for accessibility.
  • homepage: The URL of the organization's official website. This will be displayed as a link.
  • established: The date the organization was founded, established, or incorporated. Use the Date format (e.g.,
  1. Template:Start date

Template:Start date is a MediaWiki template designed to display a date in a standardized, human-readable format, particularly useful for indicating the start date of events, projects, or periods within a wiki. This article provides a comprehensive guide to understanding, using, and customizing the `Template:Start date` template for beginners. It will cover its purpose, parameters, examples, potential issues, and related templates. This template is invaluable for maintaining consistency when documenting timelines and historical data.

Purpose

The primary purpose of `Template:Start date` is to consistently format dates across a wiki. Without a standardized template, dates might appear in various formats (e.g., January 1, 2023, 1/1/2023, 2023-01-01), leading to visual clutter and potential confusion. This template ensures that all start dates are displayed in a uniform manner, enhancing readability and professionalism. It’s particularly useful for projects that involve tracking timelines, historical events, or scheduled activities. Effective date formatting is crucial for data integrity and usability, especially when dealing with Time series analysis.

Basic Usage

The simplest way to use the template is to provide a date in YYYY-MM-DD format. The template will then automatically format it into a more readable format, typically "January 1, 2023".

```wiki Template loop detected: Template:Start date ```

This will output:

January 1, 2023

Parameters

The `Template:Start date` template accepts several parameters to customize the output. Here's a breakdown of each parameter:

  • 1 (Date): This is the *required* parameter. It represents the start date in YYYY-MM-DD format. For example, `2023-12-25` represents December 25, 2023. Incorrectly formatted dates will likely result in errors or unexpected output.
  • format: (Optional) This parameter allows you to specify a custom date format using PHP's `date()` function format codes. This provides a high degree of flexibility. For example, `format=d.m.Y` would output "25.12.2023". Refer to the PHP date() function documentation for a complete list of format codes. Using custom formats requires a good understanding of these codes.
  • month: (Optional) This parameter allows you to explicitly specify the month name. This is useful if you want to override the template's automatic month detection, perhaps for localization or specific stylistic requirements. Accepts the month name as a string (e.g., `month=December`).
  • day: (Optional) This parameter allows you to explicitly specify the day of the month. Similar to 'month', this overrides the template's automatic day detection. Accepts the day as a string (e.g., `day=25`).
  • year: (Optional) This parameter allows you to explicitly specify the year. Overrides the template's automatic year detection. Accepts the year as a string (e.g., `year=2023`).
  • hideyear: (Optional) A boolean parameter (true/false) that controls whether the year is displayed. If set to `true`, the year will be omitted. Default is `false` (year is displayed). Example: `hideyear=true`. This can be useful when the context clearly implies the year.
  • showfullmonth: (Optional) A boolean parameter (true/false) that determines whether the full month name is displayed. If set to `true`, "January" will be displayed instead of "Jan". Default is `false`. Example: `showfullmonth=true`.
  • link: (Optional) A boolean parameter (true/false) that determines whether the date is linked to a corresponding page (e.g., a page for that specific date). Default is `false`. Example: `link=true`. This is helpful for creating navigable timelines.
  • separator: (Optional) Allows you to change the separator character between the day, month and year. Default is a comma and a space (", "). Example: `separator=.` will output the date with a period as a separator.

Examples

Here are some examples demonstrating how to use the template with different parameters:

  • Basic Usage:
   ```wiki
   Template loop detected: Template:Start date
   ```
   Output: March 15, 2024
  • Custom Format:
   ```wiki
   Template loop detected: Template:Start date
   ```
   Output: 15/03/2024
  • Hiding the Year:
   ```wiki
   Template loop detected: Template:Start date
   ```
   Output: March 15
  • Showing the Full Month Name:
   ```wiki
   Template loop detected: Template:Start date
   ```
   Output: March 15, 2024 (No change in this case, as the default behaviour is often to use the full month name)
  • Linking the Date:
   ```wiki
   Template loop detected: Template:Start date
   ```
   Output: March 15, 2024 (Assuming a page exists for "March 15, 2024")
  • Combining Parameters:
   ```wiki
   Template loop detected: Template:Start date
   ```
   Output: March 15, 2024 (The format parameter will be overridden by hideyear)
  • Using a custom separator:
   ```wiki
   Template loop detected: Template:Start date
   ```
   Output: March.15.2024

Potential Issues and Troubleshooting

  • Incorrect Date Format: The most common issue is providing the date in a format other than YYYY-MM-DD. Ensure the date is entered correctly.
  • Invalid Format Codes: If using the `format` parameter, ensure the format codes are valid PHP `date()` function codes. Incorrect codes will result in errors or unexpected output. Consult the PHP date() function documentation.
  • Missing Pages for Linked Dates: If the `link` parameter is set to `true`, but the corresponding date page does not exist, the output will be a red link. Create the page to resolve this.
  • Template Conflicts: Rarely, conflicts can occur if other templates or extensions modify the output of this template. If this happens, investigate the interaction between the templates and extensions.
  • Localization: The default output is in English. For wikis using other languages, consider using the `month` parameter to specify the month name in the desired language or exploring localization extensions. This is related to Localization strategies.

Related Templates

Several other templates complement `Template:Start date` and provide related functionality:

  • Template:End date: Displays an end date in a standardized format. Often used in conjunction with `Template:Start date` to define a period.
  • Template:Duration: Calculates and displays the duration between a start and end date.
  • Template:Date: A more general-purpose date formatting template, offering more options than `Template:Start date`.
  • Template:Now: Displays the current date and time.
  • Template:Age: Calculates and displays the age based on a birth date.
  • Template:Timeline: Creates visual timelines based on a series of dates.
  • Template:Event timeline: Similar to timeline, but optimized for event-based timelines.
  • Template:Year: Displays only the year from a given date.
  • Template:Month: Displays only the month from a given date.
  • Template:Day: Displays only the day from a given date.

Advanced Usage and Customization

For more advanced users, the `Template:Start date` template can be extended and customized through the use of parser functions and Lua modules. This allows for more complex date calculations, conditional formatting, and integration with other wiki features. For example, you could use parser functions to dynamically determine whether a date falls within a specific range or to display different text based on the date. This involves a deeper understanding of MediaWiki's template system and programming languages like Lua. Consider studying MediaWiki extension development for more complex customizations.

Best Practices

  • Consistency: Always use `Template:Start date` (or a similar standardized template) for all start dates in your wiki.
  • YYYY-MM-DD Format: Provide the date in YYYY-MM-DD format to ensure correct parsing.
  • Use Parameters Wisely: Only use the optional parameters when necessary to customize the output. Avoid unnecessary complexity.
  • Test Thoroughly: After making changes to the template or its usage, test thoroughly to ensure the output is as expected.
  • Document Your Changes: If you modify the template, document your changes clearly for future maintainers.
  • Consider Accessibility: Ensure the date format is accessible to users with disabilities. Use clear and concise language.
  • Understand Date Interpretation: Be mindful of regional differences in date interpretation (e.g., MM/DD/YYYY vs. DD/MM/YYYY) and choose a format that is unambiguous for your target audience. This is relevant to Global market analysis.

Further Resources

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  • type: The type of organization (e.g., corporation, non-profit, government agency). Consider using existing categories.
  • industry: The industry the organization operates in. Link to relevant industry articles.
  • key_people: Lists key individuals associated with the organization (e.g., CEO, president, founder). Use a list format.
  • employees: The number of employees.
  • revenue: The organization's annual revenue. Include the currency and year (e.g., $1.2 billion (2022)). Consider financial analysis techniques when presenting this data.
  • operating_income: The organization’s operating income.
  • net_income: The organization's net income.
  • owner: The owner(s) of the organization (e.g., shareholders, parent company).
  • subsidiaries: A list of the organization's subsidiaries.
  • parent: The organization's parent company.
  • slogan: The organization's official slogan.
  • location: The headquarters location. Link to the relevant city or country article.
  • coordinates: Geographic coordinates of the headquarters. Use the Template:Coord template.
  • area_served: The geographic area the organization serves.
  • footnotes: Any notes or references related to the infobox data.

Advanced Usage and Parameters

Beyond the common parameters, the Infobox organization template supports several advanced options:

  • label1 – label10: Allows adding custom labels and values to the infobox. This is useful for displaying information that doesn't fit into the standard parameters.
  • data1 – data10: The corresponding values for the custom labels.
  • above: Content placed *above* the standard infobox content. Useful for introductory text or warnings.
  • below: Content placed *below* the standard infobox content. Useful for disclaimers or additional notes.
  • modules: Enables the use of modules to extend the functionality of the infobox. This is an advanced feature requiring programming knowledge.
  • style: Allows applying custom CSS styles to the infobox. Use with caution, as it can affect the overall appearance of the article.

Examples

Here's a simple example of an Infobox organization for a fictional company:

```wiki Template loop detected: Template:Infobox organization ```

This example demonstrates the use of several common parameters. You can adapt it to fit the specific needs of the organization you're documenting.

Troubleshooting and Common Issues

  • Infobox not displaying correctly: Check for syntax errors, such as missing equals signs or incorrect parameter names. Use the MediaWiki preview feature to identify and correct errors.
  • Image not appearing: Ensure the image file exists on Wikimedia Commons or the local wiki and that the filename is correct. Verify the image license is appropriate.
  • Links not working: Double-check the URL for typos and ensure it's a valid link.
  • Infobox too wide: Reduce the size of the image or use fewer parameters. Consider using custom CSS to adjust the infobox width.
  • Parameters not recognized: Verify the parameter name against the official Template:Infobox organization/doc documentation.
  • Date format errors: Use the Date template for consistent date formatting. Incorrect date formats can break the infobox.

Best Practices

  • Accuracy: Ensure all information in the infobox is accurate and verifiable. Cite reliable sources.
  • Conciseness: Keep the infobox concise and focused on essential facts. Avoid unnecessary details.
  • Consistency: Follow established conventions for formatting and parameter usage.
  • Completeness: Fill in as many relevant parameters as possible.
  • Neutrality: Present information in a neutral and objective tone. Avoid promotional language.
  • Accessibility: Provide alternative text for images and ensure the infobox is accessible to users with disabilities.
  • Use of Categories: Correctly categorize the article using relevant or related categories. This improves searchability and organization. Consider categories related to market capitalization, revenue growth, and profit margins.
  • Template Documentation: Always consult the Template:Infobox organization/doc page for the latest information and updates.

Related Templates and Articles

```

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The London Metal Exchange (LME) is a futures exchange founded in 1877 and is now part of the London Stock Exchange Group. It is the world’s centre for the trading of industrial metals. The LME trades two main categories of contracts: futures and options, and also offers clearing services, warehousing, and market data. Understanding the LME is crucial for anyone involved in the metals industry, from producers and consumers to traders and investors.

History

The LME originated in 1877 as the “London Metal Market”, initially meeting in a coffee house. Its beginnings were rooted in the need for a formal marketplace for the burgeoning tin trade. The early years were characterized by informal trading practices, evolving into a more structured exchange over time. By the late 19th and early 20th centuries, the LME had expanded to include copper, lead, zinc, and other metals.

The exchange survived both World Wars and adapted to changing global economic conditions. The latter half of the 20th century saw significant modernization, including the introduction of electronic trading. In 2012, the LME was acquired by the London Stock Exchange Group, further integrating it into the global financial landscape. This acquisition brought increased regulatory scrutiny and further technological advancements.

What is Traded on the LME?

The LME offers contracts on a wide range of base metals, minor metals, and precious metals. The primary metals traded include:

  • Aluminium: A widely used industrial metal, crucial for transportation, packaging, and construction. Supply and Demand significantly influence Aluminium prices.
  • Copper: Often considered a barometer of global economic health due to its extensive use in infrastructure and manufacturing. Economic Indicators play a large role in Copper's price action.
  • Zinc: Primarily used for galvanizing steel, protecting it from corrosion. Seasonal Trends affect Zinc demand.
  • Lead: Used in batteries, construction, and radiation shielding.
  • Nickel: A key component in stainless steel and batteries, particularly those used in electric vehicles. The rise of Electric Vehicle Adoption is influencing Nickel demand.
  • Tin: Used in solder, coatings, and alloys.
  • Cobalt: Increasingly important in battery technology. Battery Technology Advancements directly impact Cobalt prices.
  • Steel: The LME launched Steel futures contracts in 2015, expanding its offering to include this essential construction material. Infrastructure Spending is a major driver of Steel prices.

In addition to these, the LME also trades contracts on precious and minor metals like gold, silver, platinum, palladium, and molybdenum.

Contract Types

The LME offers several different contract types to cater to diverse trading needs:

  • Futures Contracts: Agreements to buy or sell a specific quantity of a metal at a predetermined price on a future date. These are the most commonly traded contracts on the LME. Futures Trading Strategies are extensively used.
  • Options Contracts: Give the buyer the right, but not the obligation, to buy or sell a metal at a specific price on or before a certain date. Options are used for hedging and speculation. Understanding Option Greeks is crucial for options traders.
  • LME Steel Contracts: Specifically designed for the steel industry, these contracts cover a range of steel products.
  • Swap Contracts: Privately negotiated agreements between two parties to exchange cash flows based on the price of a metal.
  • Cleared Contracts: All trades on the LME are cleared through LME Clear, a central counterparty (CCP) that guarantees the performance of contracts. Risk Management is a key function of LME Clear.

Trading Mechanics

The LME operates a combination of electronic trading and open outcry trading.

  • LMEselect: The primary electronic trading platform, offering continuous trading for most metals. Algorithmic Trading is commonly used on LMEselect.
  • Ring Trading: A traditional open outcry system where traders physically meet in a circular ring to negotiate prices. While electronic trading dominates, Ring trading still occurs for specific contracts and provides a price discovery function. Order Book Analysis is important in understanding Ring trading.
  • Inter-Office Telephone (IOT): A system for brokers to execute trades over the phone.

Trading hours vary depending on the metal and the trading platform. The LME operates 24 hours a day, five days a week, with different trading sessions catering to global time zones. Time and Sales Data is vital for tracking trading activity.

Market Participants

The LME attracts a diverse range of market participants:

  • Producers: Mining companies and smelters use the LME to hedge their price risk. Hedging Strategies are essential for producers.
  • Consumers: Manufacturers and industrial users use the LME to secure supplies and manage costs.
  • Trading Companies: Merchants and trading houses facilitate the physical delivery of metals and profit from price differences.
  • Financial Institutions: Banks, hedge funds, and other financial institutions participate in the LME for speculative and arbitrage purposes. Arbitrage Opportunities are actively sought.
  • Investors: Individual and institutional investors use the LME to gain exposure to the metals market. Portfolio Diversification with metals is a common investment strategy.

Price Discovery and Benchmarking

The LME plays a critical role in price discovery and benchmarking for base metals. The prices established on the LME serve as reference points for physical metal transactions worldwide. Many metal contracts are priced based on LME prices, making it a central hub for global metal pricing. Price Action Trading relies on understanding LME price movements.

Warehousing and Delivery

The LME operates a network of approved warehouses where metals can be stored. This warehousing system supports the physical delivery of metals against LME contracts. Inventory Management is crucial for warehouse operators. The availability of metal in LME-approved warehouses directly impacts prices.

Regulation and Oversight

The LME is regulated by the Financial Conduct Authority (FCA) in the United Kingdom. The FCA ensures that the LME operates fairly, transparently, and efficiently. LME Clear is also subject to regulatory oversight. Regulatory Compliance is a top priority for the LME. The exchange also has its own internal rules and regulations to govern trading activity.

Technical Analysis and Trading Strategies

Traders on the LME frequently employ Technical Analysis to identify trading opportunities. Common techniques include:

  • Chart Patterns: Identifying formations like head and shoulders, double tops/bottoms, and triangles.
  • Trend Lines: Drawing lines to identify the direction of price movement. Trend Following is a popular strategy.
  • Moving Averages: Calculating average prices over a specific period to smooth out price fluctuations. Moving Average Crossover is a common signal.
  • Relative Strength Index (RSI): An oscillator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions. RSI Divergence can signal potential trend reversals.
  • MACD (Moving Average Convergence Divergence): A trend-following momentum indicator that shows the relationship between two moving averages of prices. MACD Histogram provides additional insights.
  • Fibonacci Retracements: Identifying potential support and resistance levels based on Fibonacci ratios.
  • Bollinger Bands: Measuring price volatility and identifying potential overbought or oversold conditions. Bollinger Band Squeeze indicates potential breakouts.
  • Elliott Wave Theory: Analyzing price movements based on recurring patterns called waves.
  • Volume Analysis: Analyzing trading volume to confirm price trends and identify potential reversals. On Balance Volume (OBV) is a useful indicator.
  • Ichimoku Cloud: A comprehensive indicator that identifies support, resistance, trend direction, and momentum.

Specific trading strategies used on the LME include:

  • Spread Trading: Taking advantage of price differences between different contracts or different delivery locations.
  • Arbitrage: Exploiting price discrepancies between the LME and other markets.
  • Carry Trade: Profiting from the difference in interest rates between different currencies.
  • Momentum Trading: Buying metals that are trending upwards and selling those that are trending downwards.
  • Mean Reversion: Betting that prices will revert to their historical average.
  • Breakout Trading: Entering trades when prices break through key support or resistance levels.
  • News Trading: Reacting to economic data releases and geopolitical events. Fundamental Analysis is key to news trading.
  • Swing Trading: Holding positions for several days or weeks to profit from short-term price swings.
  • Day Trading: Opening and closing positions within the same trading day. Scalping is an aggressive day trading technique.
  • Position Trading: Holding positions for months or years to profit from long-term trends.

Challenges and Future Trends

The LME faces several challenges, including:

  • Increased Competition: From other exchanges and alternative trading platforms.
  • Regulatory Pressure: To enhance transparency and improve market oversight.
  • Technological Disruption: From blockchain and other emerging technologies.
  • Geopolitical Risks: Impacts on metal supply and demand.
  • Environmental, Social, and Governance (ESG) Factors: Increasing focus on sustainable metal sourcing and production. ESG Investing is gaining prominence.

Future trends for the LME include:

  • Digitalization: Further adoption of electronic trading and blockchain technology.
  • Expansion of Product Offerings: New contracts to cover emerging metals and sustainability-related products.
  • Increased Focus on Sustainability: Promoting responsible metal sourcing and reducing the environmental impact of metal production.
  • Greater Transparency: Enhanced data reporting and market surveillance.
  • Integration with Global Financial Markets: Closer collaboration with other exchanges and financial institutions.

See Also


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