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Access to the market is via LME Select or through the LME’s 24hr telephone market. LME Select is the official Exchange-operated electronic trading platform. LME member firms are connected to the LME Select system which allows accredited traders to execute trades electronically.
Flexible
LME Select offers traders a wide range of options for setting and tailoring screens to individual preferences.
Functional
The basic screens required for trading are supported by a number of supplementary screens giving in-depth analysis of the market and executed trades.
LME Select allows trading on LMEminis plus all other LME contracts; futures, options, traded average price options (TAPOs) and carries. It also allows for straight-through processing whereby LME Select trades are automatically sent to the matching and clearing systems operated by LCH.Clearnet.
LME Select operates between 01:00 and 19:00 hours London time.
Order routing
The LME FIX gateway allows LME members to connect clients directly to the LME Select trading system via third party applications, developed by Independent Software Vendors (ISVs) that have passed LME conformance tests.
How order routing works
Accessing the market via an LME member: to view a full list of LME member firms click here.
Independent Software Vendors: a full list of ISVs can be downloaded from here.
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