One of the greatest challenges for the base metals markets last year was liquidity. With its huge balance sheet and years of experience in metals markets, JP Morgan played a crucial role providing this much needed liquidity to the markets last year.

For its strong presence as a liquidity provider in LME-based forwards and options, its active balance sheet management on LME contracts, its liquidity injection into the fledgling iron ore and steel markets, its successful integration of the Bear