LBMA NewsMarch 30, 2026Deutsche Bank AG Reclassified as an LBMA Market MakerDeutsche Bank AG has been reclassified as an LBMA Market Making Member in spot, forwards and options with effect from 20 Mar

LBMA has reclassified Deutsche Bank AG as an LBMA Market Making Member in spot, forwards and options effective 20 Mar 2026. The move matters for London bullion liquidity: Market Makers must quote bid/offer prices during the London business day for agreed minimum quantities and tenors in both gold and silver, so Deutsche’s return adds another dealer to the core pricing network. LBMA said the change was welcomed by existing Market Making Members and the Board. Total LBMA Membership now stands at 194, including 12 Market Making Members, 89 Full Members and 93 Affiliate Members. The notice does not give any immediate trading volumes or pricing impact, but it is a structural positive for market depth and interdealer participation in bullion. Near term, the main implication is incremental support to London spot/forwards liquidity rather than a directional price signal. Traders should watch whether the wider market interprets the reclassification as a sign of improving dealer appetite for precious metals market-making, especially into period-end and any renewed volatility in gold and silver.