As part of the LME Liquidity Roadmap we have introduced new pre-trade risk management (PTRM) functionality to LMEselect. As well as enabling a more secure market for all, PTRM facilitates safer onboarding of new member clients.
More specifically, PTRM provides members with the ability to set a variety of limits for their own trader users and order-routing clients. All orders sent to the LMEselect system pass through this pre-trade risk system regardless of whether specific limits have been set for the user account or not.
PTRM is part of the wider 7.4 upgrade to LMEselect with new order types and a complete overhaul of the LMEselect GUI (Graphical User Interface) also included.
Join us on our journey and get in touch to find out more: firstname.lastname@example.org
Liquidity Roadmap Member Notice, 14 January 2015, 15/023, A023
Liquidity Roadmap Press Release
Tick Size Notice, 2 December 2014, 14/358, A349
Order to trade Ratio Notice, 14 January 2015 15/022, A022
PTRM LMEselect 7.4 Notice, 26 January 2015 15/037, A037