LME experiences systems issue impacting feeding of trades from LMEsmart to LMEmercury
LME today published a notice regarding an issue that occurred on August 8, 2023.
On Tuesday, the LME experienced a hardware-related systems issue impacting the feeding of trades from LMEsmart to LMEmercury, which has since been resolved. While trading and pricing were uninterrupted, trade details relating to trading activity undertaken during the period in which the systems issue persisted did not flow through to LMEmercury. All trade details inputted into LME systems for the remainder of 8 August 2023 have flowed into the clearing system correctly.
The LME successfully resolved the vast majority of the backlog late on 8 August 2023. A small proportion of trade activity remains outstanding. In order to ensure these trade details flow into the clearing system correctly, Members are required to resubmit certain trade details to facilitate this process.
The LME appreciates that Members may have additional trade details to input as a result of the late processing of the backlog noted above. Members should also enter these trade details today, and they will be processed in the usual way.
The LME sincerely apologises for any inconvenience caused to Members and their Clients.