Trading times and dates

COVID-19: Ring trading is currently suspended with prices being calculated basis electronic market activity on LMEselect. Find out more

LMEselect: 01.00 - 19.00 (Trading for LMEprecious continues until 20.00) (London time)
Ring trading: 11.40 - 17.00 (London time)
Inter-office telephone trading: 24 hours

First session*

Ring 1 (11.40 - 12.25)
Steel billet	11:40 - 11:45
Aluminium alloy and NASAAC	11:45 - 11:50
Tin	11:50 - 11:55
Primary aluminium	11:55 - 12:00
Copper	12:00 - 12:05
Lead	12:05 - 12:10
Zinc	12:10 - 12:15
Nickel	12:15 - 12:20
Cobalt and molybdenum	12:20 - 12:25
Interval	12:25 - 12:30

Ring 2 (12.30 - 13.15)
Copper	12:30 - 12:35
Aluminium alloy and NASAAC	12:35 - 12:40
Tin	12:40 - 12:45
Lead	12:45 - 12:50
Zinc	12:50 - 12:55
Primary aluminium	12:55 - 13:00
Nickel	13:00 - 13:05
Aluminium premiums	13:05 - 13.10
Steel billet	13:10 - 13.15
Interval	13:15 - 13:25
Kerb trading	13:25 - 13:35
Interval	13:35 - 15:00

*Ring 1 and Ring 2 make up the first (pre-lunch) session of Ring trading. LME Official Prices, used as a reference in physical contracts, are established during Ring 2.

Second session **

Ring 3 (15.00 - 15.35)
Lead	15:00 - 15:05
Zinc	15:05 - 15:10
Copper	15:10 - 15:15
Primary aluminium	15:15 - 15:20
Tin	15:20 - 15:25
Nickel	15:25 - 15:30
Aluminium alloy and NASAAC	15:30 - 15:35
Interval	15:35 - 15:50

Kerb trading*** (15.50 - 17.00)
Zinc ceases trading	16.00
Tin ceases trading	16.10
Lead and steel billet cease trading	16.20
Cobalt and molybdenum cease trading	16.25
Primary aluminium ceases trading	16.35
Aluminium premiums, aluminium alloy and NASAAC cease trading	16.40
Copper ceases trading	16.50
Nickel ceases trading	17.00

**Ring 3 makes up the second (post-lunch) session of Ring trading.

***LME Closing Prices, used for end-of-day valuations and margining purposes, are established during Kerb trading.

UK Holiday	Dates	Substituted Three Month Prompt Dates
Christmas Day	Friday 25 December 2020	Thursday 24 Dec 2020
Boxing Day	Monday 28 December 2020	Tuesday 29 Dec 2020
New Year's Day	Friday 1 January 2021	Monday 4 January 2021
Good Friday	Friday 2 April 2021	N/A
Easter Monday	Monday 5 April 2021	Tuesday 6 April 2021
Early May Bank Holiday	Monday 3 May 2021	Tuesday 4 May 2021
Spring Bank Holiday	Monday 31 May 2021	N/A
Summer Bank Holiday	Monday 30 August 2021	N/A
Christmas Day	Monday 27 December 2021	Wednesday 29 Dec 2021
Boxing Day	Tuesday 28 December 2021	Wednesday 29 Dec 2021
New Year's Day	Monday 3 January 2022	N/A

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