Specialists in Metals Markets

End-to-end or point solutions for metals futures & options brokers

Sinara has worked in metals trading for more over 15 years. Whether specialists or generalists, operating on or off exchange, we help metals traders with specialist software solutions to meet strategic goals.

Helping Metals Brokers and Metals Exchanges

Sinara works with the world’s established and emerging metals brokers and exchanges.

We design and implement end-to-end or point solutions for metals brokers and exchanges using customised modules from SinaraTLC, our pre-built library of trading components.

Projects and outcomes

Heads of operations and trading, IT leaders, and business development leads in metals markets come to us to explore possibilities, help realise their vision, and drive future innovation through…

Real-Time Metals Trading and Analytics

  • Provides end-to-end trading capability
  • Ensuring low-latency and high-performance
  • Leveraging analytics for decision-making and risk management
  • Launching new products

Future-Proofed Trading for Metals Platforms

  • Member portal and membership value added services
  • Trading platform and downstream process automation
  • Interfaces with live market data, broker members, and clearers

Real Time Market Data Solutions

  • Consolidating and managing high volumes of market data in real time views
  • Ensuring data accuracy, consistency, and accessibility
  • Integrating modern systems with legacy technology

Automation and Efficiency

  • Streamlining manual processes
  • Automating repeatable processes for compliance, consistency and control
  • Managing the transition from traditional workflows to automated systems
  • Replacement of or integration with legacy systems

Scalability and Adaptability

  • Building scalable technology solutions that can grow with the business.
  • Adapting quickly to market changes and evolving customer demands.
  • Resilience and reliability during periods of high market volatility and trading volume.

Cybersecurity and Compliance

  • Protecting sensitive trading data from cyber threats and breaches.
  • Ensuring compliance with national and international industry regulations and standards.
  • Keeping up with evolving cybersecurity threats and regulatory changes.

Addressing the unique challenges of the metals markets

We have worked in the metals markets for 15 years and understand the very specific challenges, processes and integrations facing specialist brokers and exchanges.

Metals trading has distinct characteristics that set it apart from trading other commodities. Metals makes up a unique trading segment within the commodities market, requiring specialised knowledge, tools, and strategies. 

Trading Venues and Instruments

  • Metals are often traded on specialised exchanges like the London Metal Exchange (LME), CME, and Shanghai Futures Exchange, which have unique trading rules and practices.
  • Metals trading often involves forward contracts with the option or requirement for physical delivery, in contrast to some other commodities which might be more financially settled.

Price Determinants

  • The supply chains for metals can be intricate, involving mining, refining, and various stages of production, which can affect price volatility.
  • Inventory levels and stockpiles, such as those reported by the LME, play a crucial role in pricing and market sentiment.
  • Geopolitical factors in metals producing countries play a big part in pricing and price volatility.

Technology and Operational Challenges

  • Efficiently managing physical inventories, ensuring quality, and tracking ownership can be more complex for metals.
  • Metals trading is often closely linked to the manufacturing sector, requiring integration with production schedules, supply chain logistics, and real-time pricing mechanisms.

Market Structure and Participants

  • The diverse range of metals traded creates complexity as each has its own market dynamics and participant profiles.
  • Metals, especially base metals, are closely linked to industrial demand and economic cycles to the extent that, for example, copper can be seen as an economic indicator for its widespread use in construction and manufacturing.

Regulatory Environment

  • Metals trading is subject to specific regulatory frameworks that can vary widely by region, affecting everything from environmental impact to labour practices in mining operations.
  • There is often a higher degree of scrutiny and reporting requirements, particularly for precious metals, which can be used as a hedge against inflation and currency fluctuations.

If we can help or advise on a specific piece of operational technology or integration, or you would like to discuss our end-to-end trading solutions, please get in touch.

Specialist Metals Team

Metals Software Team

Tom Habibi

Headed up by Tom Habibi, this team is at the forefront of software development for this market. Tom is highly knowledgeable about the nuances of the metals market and puts all new team members through an extensive induction to bring them up to speed with the specific trading processes and challenges of the metals market.

Solution Sales for Metals

Hamish Adourian

Specialists solutions sales is led by Hamish Adourian. Hamish joined the business 20 years ago as a software developer. During that time, he has built a reputation in the design and development of systems for exchange operations, metals trading and market data distribution. He has deep knowledge of the metals trading life cycle and bridges the gap between the technical and the commercial.

The metals team has worked on some of Sinara’s biggest trading projects including high performance feed handlers, trading platforms, pricing engines, and order management systems. We have brought technical expertise and market knowledge to bear in the design of solutions to streamline the trading lifecycle and bring new services to market.

Related Content