The London Metal Exchange (LME) is a principal-to-principal market that was established in 1877 and was originally known as the London Metals and Mining Company. The exchange offers futures and options contracts for aluminum, copper, lead, nickel, tin, zinc, and two regional aluminum alloys. In 2005, LME introduced futures contracts in polypropylene and linear low density polyethlene. The Exchange is regulated by both LME and UK Financial Services Authority (FSA).
LME is releasing a new trading platform: LMEselect v10. It will be more performant and more accessible. LMEselect v10 will include more functionality and an all-new onscreen options market — all on state-of-the-art and scalable technology.
Note: With the release of LMEselect v10, LME_NTP will be listed as a new exchange option in the TT User Setup application and must be used to set up LMEselect v10 connections, accounts, and users. You cannot use the preexisting LME exchange option in User Setup for LMEselect v10. The preexisting LME exchange option in User Setup will be deprecated at a later date.
TT® supports the following:
The LME matching engine is located in London.
The TT® platform provides connectivity to the exchange, so you do not have to contact the exchange regarding connectivity options. Refer to TT Access for more details about your connectivity options for connecting to TT.