A powerful pre-trade platform for the London and Zurich interbank precious metals markets.
Our company

We are a technology company founded in 2013 in Jersey by Cedric Bernadac, an ex-trader with 15 years of experience in financial markets, with the purpose of allowing better direct communication of market interests between banks within the London precious metals markets.

Our solution

We do not provide brokerage, execution nor settlement services but a simple yet powerful web application for market participants to stream each other's indicative prices and pass through all associated details. Our rates are several times cheaper than brokerage costs.

Our customers

We only target the London and Zurich OTC interbank markets for precious metals swaps, EFPs and physical participants. Our customers are well-established, high profile financial institutions which are members of the LBMA. We are ourselves a full member of the LBMA since 2015. We currently service the following members:



LBMA market makers:  


  • BNP Paribas

  • Citibank NA

  • HSBC

  • ICBC Standard Bank Plc

  • J. Aron New York

  • JP Morgan Chase Bank

  • Merrill Lynch International

  • Morgan Stanley & Co International Ltd

  • Standard Chartered

  • The Bank of Nova Scotia - ScotiaMocatta

  • Toronto-Dominion Bank

  • UBS AG




LBMA ordinary members:


  • Anglo American

  • Australia & New Zealand Banking Group

  • Bank Julius Baer Ltd

  • Banque Pictet & Cie SA

  • Bank of Montreal

  • BASF Metal Limited

  • CIBC

  • Commerzbank AG

  • Commonwealth Bank of Australia

  • Credit Agricole CIB London

  • Credit Suisse AG Zurich

  • Deutsche Bank AG

  • Koch Metals Trading Limited

  • Macquarie Bank Limited

  • Mitsui Precious Metals

  • Mitsubishi Corporation 

  • Natixis

  • National Australia Bank Limited

  • Raiffeisen Switzerland

  • Royal Bank of Canada

  • Société Générale

  • Sumitomo Corporation Global Commodities

  • UniCredit Bank AG

  • Zürcher Kantonalbank


Interested in joining us?
Our onboarding process is very simple, you can be ready to use Limpid Markets in no time.