LME to implement extra measures as Ring reopens for trading
LME will take a raft of measures to minimise the spread of COVID-19 amongst personnel and others that will access the Ring area when it reopens.
London Metal Exchange
LME refrains from setting Ring reopening date
The LME is not yet in a position to confirm a date for reopening the Ring as it depends on the UK vaccination program progress.
Avelacom becomes low latency connectivity provider for the LME
Avelacom’s network provides global coverage that includes most developed market exchanges, such as CME.
LME considers permanent closure of Ring trading floor
The LME believes it is the right time to consider the permanent closure of the Ring and a move to an electronic pricing structure.
LME approves resignation of China Merchants Securities (UK) Limited
The London Metal Exchange has approved the resignation of China Merchants Securities (UK) Limited.
London Metal Exchange to stop publishing LMEprecious Reference Prices
From January 22, 2021, the LME will stop calculating and publishing the LMEprecious Reference Prices.
LME to introduce new market data Non-Display licence
Any use of LME data other than where the use of the data is in support of its display or distribution may be licensable under the LME’s Non-Display licence.
London Metal Exchange to prohibit use of discretionary order type for all tradeable contracts
LME intends to prohibit the use of the discretionary order type for all tradeable Contracts, and the iceberg order type for Cash-Settled Futures Contracts.
