Simple and smart

Since inception, LCMCommodities has been redefining commodity brokerage.

We boast disruptive research, innovative tools, and expert practice.

We are independent, human-sized, and utterly committed. We boast the best research, tools, liquidity of the trade.

As commodity trading is getting more complex, we believe brokerage should instead be made simpler, faster — plainer. When done right.


Our Energy team covers crude oil, oil products, natural gas and power operations on North American and European energy markets.

Our Metals team covers base and precious operations on both continents.


We started out in 2007. Utmost focus, world-class research, superior execution, and clear pricing have brought us into the US top 3 commodity brokers on distillate and gasoline options.

Keeping out

We get you the best liquidity, charge low, and keep out of your trading ways.
Expect value, not interference.

Leading broker on US crude options, #3 on US distillates options, #3 on US gasoline options
(Energy & Risk ranking, 2010)


LCMC operates on a global scale, sourcing the deepest liquidity available to independent brokers, while offering our clients discretion or anonymity, along with valuable insight.
ClearPort/ICE Clearing provides financial protection to off-exchange transactions.

Execution & follow-up

We recap within minutes. We track everything.


We are not affiliated.
We never hold proprietary positions.


Business needs, process flow, check-out, reporting: we listen. We respond. We oblige.

Efficient workflow, clear pricing, extensive follow-up, all geared to commodities trading.


LCMC Research is a full-fledged branch of LCMC, providing the firm's clients with cutting-edge fundamental research on commodity markets.


LCMC Research gets ahead of the curve, helping clients anticipate fundamental trends rather than simply react to them.
We provide rapid analysis of all major data releases, and regular insight through focused special reports.


Our tools allow clients to explore market trends and download a wealth of fundamental data.
We boast leading-edge research models, among which proprietary volatility pricers, and interactive charting utilities.


All research is exclusive, and made available to customers on our dedicated platform.

LCMC Research has become a must read for energy market participants.

Giving back

LMCommodities is proud to act as the main Corporate Sponsor to the Carioca Fund, a BrazilFoundation initiative for the disadvantaged youth of Rio de Janeiro.

It takes many to samba

With a track record of 200+ projects within a ten-year span and full transparency, the non-profit BrazilFoundation has been a tremendous force for good in helping communities throughout Brazil to take part in the country's vibrant economic growth.

Doing our part

We have been supporting BrazilFoundation's FundoCarioca since 2011. We sponsored urban art and photography competitions in 2011 and 2012 for 32 youths from communities throughout Rio de Janeiro.

Also, we have been helping the Foundation invest in eight organizations in Rio de Janeiro that offer professional training to help youth enter the workforce.

In 2015, at the XIIIth BrazilFoundation Gala in New York, LCMC we were honored by these amazing people for our sustained commitment to that important cause. Talk of an incentive to try even harder!

Making opportunities happen for the underprivileged youth of Rio.


LCMCommodities was founded by seasoned commodities traders, seeking to re-think brokerage as an added-value complement to high-level trading. The Company is a joint venture with LCM Group Holdings (Louis Capital Markets), a holding company that operates fully independent broker-dealers located in New York, London, Hong Kong, Geneva and Paris.

Pierre Lacaze, CEO

Pierre has two decades of experience trading softs (Phibro, CT), metals and energy (Compagnie Parisienne de Réescompte), crude oil and product options (Credit Lyonnais Rouse) and energy derivatives (Hess Energy Trading Company).

He's a nice fellow, as long as you don't get him started on sailing and team spirit.

Gael Gremaud, Head of Crude and Products, Partner

Gael began his career by launching the first commodities fund at Rothschild & Cie in Paris. Since joining LCMC, he has been instrumental in developing the company's oil business.

A true tennis buff, Gael is generally to be found on the courts after the close, letting off market steam to regain his focus. He aces more trades than games.

Antoine Roy, Head of Natural Gas, Partner

After leading experiences in asset management at Natixis and Allianz Global Investors, Antoine invested and developed a French alternative energy company in France for two years -- prior to joining LCMC, and setting our NG business ablaze.

Antoine has a knack for teaching. A graduate in Finance and Maths of University of Paris Dauphine, he still runs there a course about Hedge Funds.

Ekrem Esmen, Head of Commodities Research, Partner

Ekrem has coined the term “guerrilla research” and, along with his team, implemented a unique approach to analysis that allows LCMC Research retain an edge on commodity market dynamics.

Prior to joining LCMC, he was a director at PIRA Energy Group and a visiting engineer at MIT.

Simon Butler, LCM Metals, CEO

Simon runs the Sales and Trade Strategy across LCM Metals. He's also a lead broker in both base and precious metals.

He began his career in exotic options at UBS before moving into commodities in 2004. Simon has over a decade of commodity sales experience across Energy products (UBS, BNP Paribas) and Metals (Bank of America Merrill Lynch).

Matt Hill, Head of Base Metals, Partner

Matt has been paramount in establishing LCM Metals as a leading base metals options broker. An avid cyclist, he loves steep challenges.

Matt has over a decade of experience across Commodity Sales (BAML Energy / Metals) with earlier career responsibility in middle office.

Wanted! Dudes. Gals. Nerds. Dropouts. DIYers. Pressure addicts. Fast learners. Brokers.

New York

LCMCommodities, LLC
853 Broadway, 5th Floor
New York, NY 10003
Direct: +1 212 398 6000
Fax: +1 212 398 3659


LCMCommodities, LLC
1811 Bering Drive
Houston, TX 77057
Direct: +1 713 469 4200
Fax: +1 212 398 3659


LCMCommodities UK, LLP
LCM Metals
4th Floor, 130 Wood Street
London, EC2V 6DL
Direct: +44 207 031 4740
Fax: +44 207 726 4080