The London Metal Exchange (LME) has seven categories of membership for the Base service, three categories of membership for the LMEprecious service, and two categories of memberships for Registered Intermediating Brokers (RIBs), each with its own criteria and capabilities.
The Market Access team is available to hold exploratory discussions on all aspects of LME membership and can guide applicants through the process of becoming an LME member from inception to go-live.
Membership applicants must complete certain steps which include: the submission of an application pack, gaining connectivity to the LME Network (as applicable), undertaking system testing and demonstrating operational readiness. Please see an overview of the onboarding process in this document: Membership Onboarding Process Flow Diagram (PDF).
The Market Access team is also available to provide an advisory service to new and existing members and clients in their operational interaction with the LME.