LMEprecious news and events

Find out below where the LMEprecious team will be around the world, and the latest news and notices for LMEprecious. The team may be available for meetings in each of the cities they are visiting, so please get in touch if you'd like to find out more about LMEprecious.

Latest news

4 March 2019
Notice 19/062: LMEprecious new Market Participant Programme for the LMEprecious
This notice introduces a New Market Participant Programme for LMEprecious

9 April 2018;
Notice 18/093: Trading LMEprecious Liquidity Provider Programme
The launch of the tender process for the new liquidity provider programmes for Asian hours trading in the LME Gold and LME Silver contractsp>

10 August 2017
Notice 17/275: LMEprecious trading and clearing fees for affiliates of clearing members
Setting out a change to the LMEprecious trading and clearing fee schedule, effective 14 August 2017

17 July 2017 
LMEprecious contracts see volumes surge in first week of trading
LME Gold traded a total of 25,590 lots (2.6 million ozt / 79.6 tonnes) while 2,556 lots (12.8 million ozt / 397.5 tonnes) of LME Silver were transacted.

12 July 2017 
London Metal Exchange joins Singapore Bullion Market Association (SMBA press release)
The LME joins the SBMA as a Foreign Associate Corporate Member.

7 July 2017 
Notice 17/237: LMEprecious go live configuration update

An update to members on go-live configurations in place for LMEprecious on 10 July 2017.

6 July 2017
Notice 17/229: Precious metals market making programme price streaming obligations
Details of arrangements to provide marketing making serves across the curve for LMEprecious.

6 July 2017
Notice 17/228: LMEprecious trading and clearing fees
This notice sets out the LMEprecious trading and clearing fees, effective from Monday 10 July 2017.

3 July 2017
Notice 17/220: LMEprecious Products
LME Notice 17/142, dated 24 April 2017, announced that the LME will be launching the LMEprecious Service on Monday 10 July 2017, which will be tradable on LMEselect and the inter-office market.

28 June 2017
Notice 17/214: Consultation Decision Notice on proposal to introduce accountability levels and position limits for LMEprecious contracts
Notice No. 17/162, issued on 9 May 2017 consulted members and other interested parties on a proposal to introduce accountability levels and Position Limits for LMEprecious contracts. Having reviewed and analysed the feedback received, the LME has determined that it will implement the proposal with effect from 10 July 2017, subject to regulatory approval.

24 April 2017
Notice 17/142: LME Development Programme Update (PDF)
A change to the LME's Q2 development programme timetable and launch of LMEprecious.

2 March 2017
Press release: LME announces fee schedule and latest clearing members for LMEprecious
The London Metal Exchange (LME) and LME Clear are pleased to announce a competitive fee schedule for their precious metals contracts, with nine LME clearing members having already expressed their intention to trade and clear the contracts.

2 March 2017
LME Notice 17/074 - LMEprecious trading and clearing fees (PDF)
This notice and its accompanying appendix sets out the LMEprecious trading and clearing fee schedule, effective from 5 June 2017.

3 February 2017
LME Notice 17/048 - Technical LME and LME Clear development programme (PDF)
This notice sets out the development programme go-live timetable for the upgrade of LME systems including LMEselect and LMEsmart, which will support the launch of LMEprecious.

9 August 2016
World Gold Council, LME and key market participants to launch LMEprecious
The London Metal Exchange, World Gold Council and a group of leading industry players announce the creation of LMEprecious - an exciting new initiative to deliver London gold and silver futures contracts.

Contact us

For further information please email our Ferrous team.