LBMA-i is the transparency service for the precious metals market, delivered to meet LBMA’s requirement for a trade reporting service that improves transparency and demonstrates liquidity in the global OTC precious metals market. Managed by Simplitium, the service collates anonymous and aggregated Trade Reporting data from LBMA members in Loco London and Loco Zurich and publishes the total volumes traded.
London is the centre of the OTC precious metals market, with participants from across the world. Despite this, the exact size of the market has never been known.
LBMA-i market data makes it possible for market participants to gauge the size and shape of the precious metals market for the first time in history.
Simplitium launched LBMA-i in January 2017 in order to deliver the transparency service required in the bullion market. LBMA members report their trading activity into the LBMA-i platform. The data collected forms a number of robust data sets. The initial sets of data were published on a weekly aggregated basis on 20 November 2018. In 2019, daily data will be made available on a T+1 basis, licensed directly from Simplitium.
Market Data Reports available to download:
1. Trade data for the previous week in Gold and Silver for all four asset classes (Spot, Swaps/ Forwards, Options and Lease Loan Deposits) broken down by date increments.
2. All open trades in Gold and Silver for all four asset classes (Spot, Swaps/ Forwards, Options and Lease Loan Deposits) broken down by date increments and accumulated from 5th November 2018.