Crabbe, Paddy

Paddy Crabbe began his metals life as an LME clerk and progressed to dealing in the 'Ring'. Shortly after that he set up and ran a department trading in physical metals. During which time he created and managed many hedging programs, which combined pricing on the LME, hedging, physical delivery metal on a CIF program and delivered works basis and foreign exchange. During that time he taught many producers and consumers how to operate on the LME and delivered lectures about the LME in several countries.