December 01, 2014

LBMA Platinum and Palladium prices

As of 1st December, the new LBMA Platinum & Palladium Prices are being independently administered by the London Metal Exchange (LME).

These new benchmarks replace the PGM Fixes, historically administrated by the London Platinum and Palladium Fixing Company Limited (LPPFCL). This follows a recent approach from the LPPFCL to the LBMA to take ownership of the historic and future intellectual property (primarily price data) of what will now be called The LBMA Platinum Price and the LBMA Palladium Price. The intellectual property will be held by 'Precious Metals Prices Limited', a newly established subsidiary company of the LBMA. For licensing arrangements relating to the prices, including list of data vendors, please refer to the LME's website