Metals & energy liquidity
Spot metals priced against bullion-bank streams and CFDs on the principal energy benchmarks, aggregated across tier-1 bank and specialist non-bank LPs. For regulated counterparties only.
Coverage
Precious metals and energy benchmarks
Spot metals reference loco London / loco Zurich bullion-bank pricing on T+2 cash settlement. Energy instruments are cash-settled CFDs referencing the relevant front-month future on NYMEX or ICE.
Spot metals
Energy (CFD)
Bullion-bank pricing
Spot metals top-of-book is built from bullion-bank and specialist non-bank LP streams, with loco London as the standard reference.
Settlement
Spot metals settle on a T+2 cash basis against the loco London / loco Zurich reference. Energy CFDs are cash-settled, with rolls applied on the relevant future expiry schedule.
Sessions
Metals stream nearly 23 hours per business day across London, New York and Asia. Energy benchmarks follow Globex / ICE session calendars.
Why Drovix for metals & energy
Bullion-grade pricing, institutional plumbing
Spot metals and benchmark energy exposure delivered as principal, with the operational discipline institutional desks expect.
Bullion-bank reference
Spot metals built from bullion-bank and specialist non-bank LP streams, loco London / loco Zurich as the standard reference.
Near-24h coverage
Metals stream close to 23 hours per business day across London, New York and Asia; energy follows Globex / ICE session calendars.
Transparent rolls & TCA
Energy CFD rolls applied on the relevant future expiry schedule, with fill-level TCA and exposure reporting on request.
How desks use the book
Metals & energy exposure without the physical overhead
Spot metals and benchmark energy delivered as cash exposure against tier-1 references — no vaulting, no logistics, no physical delivery leg. The use-cases below describe how regulated counterparties typically deploy the book. Pricing referenced is top-of-book illustrative, not firm quotes.
Storage-free spot exposure
Hold long or short spot metals exposure against loco London / loco Zurich references on a T+2 cash basis — no allocated bars, vaulting fees or insurance to administer.
Benchmark referencing
Energy CFDs reference the front-month NYMEX or ICE future directly, so exposure tracks the recognised benchmark rather than an opaque internal mark.
Transparent roll handling
Energy CFD rolls are applied on the published future expiry schedule with adjustment detail disclosed, so position carry is predictable and auditable.
Hedging use-cases
Producers, consumers and funds use the book to hedge or express views on bullion and energy benchmarks against a single principal counterparty under one ISA.
Margin & credit discipline
Exposure is managed under agreed margin and credit terms with intraday monitoring; sizing reflects operational targets, not guarantees, and is calibrated per counterparty.
One bilateral relationship
Drovix faces each counterparty as principal across metals and energy — one credit line, one settlement workflow, one point of contact.
Leveraged OTC products, including Forex and CFDs, carry a high level of risk and a counterparty may lose more than its initial margin. The Drovix offering is directed exclusively at Eligible Counterparties and Professional Clients; Drovix does not provide services to retail clients.
Pricing shown is top-of-book illustrative. Actual execution depends on ticket size, ISA terms and prevailing market conditions. Drovix does not provide services to retail clients.