Britannia Global Markets, an FCA-regulated firm specialising in derivatives broking across foreign exchange, energy, agriculture, base metals, and financial products, has received confirmation of its Category 4 membership from the London Metal Exchange.

The move comes after recent changes to its metals desk. Neil Welsh rejoined Britannia as Head of Metals in November 2024. Francisco Gomes also joined from Marex as Metals Broker.

Britannia Gains LME Category 4 Membership

Steve Pettitt, CEO at Britannia, said: “The LME remains the world’s most important and preeminent trading venue for base metals. Being able to trade directly via the LME will greatly enhance our metals offering from several standpoints, including pricing, transparency and above all credibility.”

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The firm applied for membership following increased client demand for metals trading. Britannia has focused on Over-The-Counter metal trading for the past three years. The new membership allows it to trade directly on the LME.

Jamie Turner, Chief Operating Officer and Head of Trading at LME, said: “We are delighted that Britannia Global Markets will be joining the LME as a Category 4 member. We look forward to them bringing additional liquidity to our market.”