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LME data guide

The London Metal Exchange publishes an extensive range of data on a real time, 30 minute delayed and next day basis. This page summarises the types of data available and provides an introduction to this data.

For more information refer to the Guide to Market Data attached below.

- Futures prices from the Ring
- Member contributed prices
- Futures, options and SWAPS prices from LMEselect
- Open interest reports
- Warehouse stocks
- Additional LME market data

Futures prices from the Ring
Market users can monitor Ring traded metals and steel reference prices using the range of trade and price data provided by the LME direct from the trading floor.

Ring trading

  • Separate bid, ask and trade prices for all futures contracts quoted outright, spread or average.
  • Official high bid and low offer prices for futures 3 month prompt dates following each ring and kerb trading session

Daily official and unofficial prices

  • Daily official cash, 3 month, 15 month, 27 month, DEC1, DEC2, DEC3  prompt date prices (where applicable) for metal futures contracts following the second morning ring trading session
  • Daily official FX rates following the second morning ring trading session
  • Daily moving monthly average FX rates
  • Daily unofficial prices for all contracts traded on the Ring following the second afternoon ring trading session
  • Daily official index value


Member contributed prices
Futures pre-trade quotes from the inter-office telephone market are contributed by all the Ring Dealing Members and the majority of Associate Broker Clearing Members are input from UK and overseas offices 24 hours a day.  All prices are indicative, in bid/ask pairs and in US dollars. 

  • Quotes for the metal futures 3 month outright contracts, nearby and far forward spreads and averages



Futures, options and SWAPS prices from LMEselect
LMEselect, the LME’s electronic trading platform, is open for trading between 01.00 and 19.00 Monday to Friday. LME provides a comprehensive view of LMEselect trading including:

  • Pre-trade best bid and best ask prices for all contracts traded with aggregate volume
  • Post trade prices with traded volume 
  • Market depth - best five bids/offer pairs and volume for 3 month futures contracts
  • Open, High, Low, Last  traded for the 3 month prompt date published at 19.00 each day
  • Daily official cash


Open interest reports
The LME publishes a number of daily reports to inform the market of the open positions in each contract traded on the exchange.

Futures and Options Open Interest

  • Market Open Interest (MOI)
  • Exchange Open Interest (EOI)

Member Positions

  • Daily Warrant Holdings
  • Warrant Holdings (tomorrow and cash)
  • Large Position report (Futures Banding)


Warehouse stocks
The daily warehouse stock figures from LME approved warehouses are published at 09.00 each morning (London time). Stock movements are reflective of the physical supply and demand of the market.  This report provides:

  • Daily opening and closing stock totals
  • Daily movement in and out of warehouses and net change
  • Stocks totals per warehouse location
  • Stocks totals per metal grade (where relevant)
  • Reported metric tonnage


 



Additional LME market data
The LME also publishes a number of daily and monthly data reports produced by the LME and LCH.Clearnet that add value to the price data. These reports  provide users with a full overview of the market and can assist them in making fully informed trading decisions.

Futures and Options Volumes

  • Futures & traded options volumes reports, intra-day, end of day and previous day

Futures and Options Closing Prices (Evening Evaluations)

  • Daily futures Indicative closing prices (evening evaluations)
  • Daily futures and traded options provisional and final closing prices (evening evaluation) reports
  • Daily provisional and final evening evaluation exchange rates

Futures and TAPO Averages

  • Official monthly average settlement prices for all contracts on the last business day of the month 
  • Daily notional average prices for all TAPO contracts
  • Daily monthly moving average prices for all TAPO contracts 
  • Monthly average settlement prices for all TAPO contracts on the last business day of the month


Title of document - 100KB Guide to Market Data
An introduction to the Market Data available from the LME via licenced data distributors and LMElive
DOWNLOAD ( PDF KB )
 
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