What is a distribution licence?
Customers who wish to distribute LME data within their organisation or outside of their organisation, or display LME data on a public website/application, require a distribution licence.
Who is it for?
Including and not limited to:
- data and information vendors
- website operators
- Members or trading participants
How much does it cost?
Fees vary depending on whether distribution is real-time, 30 minutes or next day delayed data. The annual licence fee for distributing all real-time and/or 30 minutes delayed LME data is $25,000 and $10,000 for Growth LME Data. There are per user subscriber fees for most licence types. Next day distribution incurs a one-off fee of $4,000.
Access the list of Growth data contracts
Subscriber packages from March 24th are as follows:
| Growth LME Data | LME Data | |||||
| Real Time* | Delayed - 30 Mins* | Next Day | Real Time* | Delayed - 30 Mins* | Next Day | |
| Level 1 | $0 | $0 | $0 and no reporting requirement | $44 | $25 | $0 and no reporting requirement |
| Level 2 | $0 | $0 | $0 and no reporting requirement | $116 |
$25 | $0 and no reporting requirement |
| Full Tick (Level 3) | $0 | $0 | $0 and no reporting requirement |
$125 |
N/A | $0 and no reporting requirement |
Mandatory monthly reporting requirements*
How do I apply?
- Real-time / 30 minutes
Application for a distribution licence can be complete via the Online Licensing Portal (OLP). The LME will aim to review your application within 6 weeks of receipt of your submitted order. Please note that this review period may be extended where applicants have not provided all the information requested. - Next day
A next day distribution licence can be applied for and executed electronically on the LME’s Online Licensing Portal (OLP).
Documentation
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