Trading times and dates

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 - 13.35)
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 - 14:55

*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 (14.55 - 15.30)
Aluminium alloy and NASAAC	14:55 - 15:00
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
Interval	15:30 - 15:40

Ring 4 (15.40 - 16.15)
Lead	15:40 - 15:45
Zinc	15:45 - 15:50
Copper	15:50 - 15:55
Primary aluminium	15:55 - 16:00
Tin	16:00 - 16:05
Nickel	16:05 - 16:10
Aluminium alloy and NASAAC	16:10 - 16:15

**Ring 3 and Ring 4 make up the second (post-lunch) session of Ring trading.

Kerb trading*** (16.15 - 17.00)
Zinc ceases trading	16.25
Tin ceases trading	16.30
Lead and steel billet cease trading	16.35
Cobalt and molybdenum cease trading	16.40
Primary aluminium ceases trading	16.45
Aluminium premiums, aluminium alloy and NASAAC cease trading	16.50
Copper ceases trading	16.55
Nickel ceases trading	17.00

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

During the electronic closing prices trial the LME Nickel 3-months Closing Price will be determined using an electronic VWAP of traded prices on LMEselect between 17.00 and 17.02 London time. For more information see notice: 19 031 Trial of Electronic Closing Prices and Trade at Settlement Order Books.

UK Holiday	Dates	Substituted 3 Month Prompt Dates
Good Friday	Fri 19 Apr 19	N/A
Easter Monday	Mon 22 Apr 19	Tues 23 Apr 19
Early May Bank Holiday	Mon 6 May 19	Tues 7 May 19
Spring Bank Holiday	Mon 27 May 19	Tues 28 May 19
Summer Bank Holiday	Mon 26 Aug 19	N/A
Christmas Day	Wed 25 Dec 19	Tues 24 Dec 19
Boxing Day	Thurs 26 Dec 19	Fri 27 Dec 19
New Year's Day	Wed 1 Jan 20	Thurs 2 Jan 20

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