London Bullion Market Association definition

London Bullion Market Association means the international commercial association having its seat in London covering, among others, trades with Unallocated Gold on the London gold exchange.
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London Bullion Market Association means the international gold and precious metals trade association of 1-2 Royal Exchange Buildings Royal Exchange London, EC3V 3LF United Kingdom;
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London Bullion Market Association and "LBMA" mean The London Bullion Market Association and its successors which represent the institutions in the United Kingdom active in all aspects of bullion and the services related to it, including the clearing, physical and regulatory aspects. Among its members are those with "market making" status whose activities include the quoting of prices for buying and selling Gold for spot and forward delivery throughout each working day.
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Examples of London Bullion Market Association in a sentence

  • Unallocated Precious Metal and Pool Allocated Precious Metal shall always be collectible in the form of London good delivery bars produced by a company on the good delivery list of acceptable refiners of the London Bullion Market Association.

  • Notwithstanding any provision to the contrary in these Terms, none of the Gold Corporation Group shall be liable to you and you waive and release any claim against any member of the Gold Corporation Group for any liability in excess of the value of the Precious Metal recorded in your Holding Account at the relevant time, such value to be determined by using the London Bullion Market Association “London a.m. fix” on the relevant Business Day.

  • We will not in any circumstances be liable to you for any amount in excess of the value of the Precious Metal recorded in your Holding Account at the relevant time, such value to be determined by using the first Precious Metal benchmark price as set by London Bullion Market Association on the relevant Business Day.

Related to London Bullion Market Association

  • London Banking Day means any day on which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market.

  • Financial Markets means international financial markets in which currency and other financial assets exchange rates are determined in multi-party trade.

  • PJM Market Rules means the rules, standards, procedures, and practices of the PJM Markets set forth in the PJM Tariff, the PJM Operating Agreement, the PJM Reliability Assurance Agreement, the PJM Consolidated Transmission Owners Agreement, the PJM Manuals, the PJM Regional Practices Document, the PJM-Midwest Independent Transmission System Operator Joint Operating Agreement or any other document setting forth market rules. PJM Net Assets:

  • Website of the European Central Bank means the website of the European Central Bank currently at http://www.ecb.europa.eu or any successor website officially designated by the European Central Bank.

  • Relevant market area means as follows:

  • Reuters Screen US PRIME 1 Page means the display on the “US PRIME 1” page on the Reuters 3000 Xtra service, or any successor service, or any replacement page or pages on that service, for the purpose of displaying prime rates or base lending rates of major U.S. banks.

  • London Business Day means any Business Day on which dealings in deposits in United States Dollars are transacted in the London interbank market.

  • Reuters Screen US PRIME 1 Page” means the display on the Reuter Monitor Money Rates Service (or any successor service) on the “US PRIME 1” page (or any other page as may replace that page on that service) for the purpose of displaying prime rates or base lending rates of major United States banks.

  • Main Market means the Main Market of the London Stock Exchange plc;

  • Flea market means a market place, other than a dealer's location licensed under this chapter, where a space or location is provided for a fee or compensation to a seller to exhibit and offer for sale or trade, motor vehicles to the general public.

  • London Stock Exchange means London Stock Exchange plc;

  • Market Agent The market agent or market agents, if any, appointed pursuant to Section 8.01, and its or their successors or assigns.

  • LBMA means the London Bullion Market Association.

  • RFR Banking Day means any day specified as such in the Reference Rate Terms.