Discussion Paper 2017

The London Metal Exchange (LME) and LME Clear have published a “Discussion Paper on Market Structure” which comprehensively sets out the LME’s vision and invites feedback from market participants.

A market-wide engagement programme basis the Discussion Paper - running from 24 April 2017 to 30 June 2017 - is designed to solicit feedback on the following topics:

  • The LME ecosystem, its stakeholders and their needs;
  • Trading and booking structures, and the date system;
  • Clearing structures and services;
  • Delivery and physical market structure;
  • Membership; and
  • Volumes, fee structures and new products.

During the market engagement period, stakeholders can either submit their written submissions via email or request to meet the LME (subject to reasonable logistical and scheduling availabilities), also via email.

The LME held a market-wide update forum on Monday 24 April where we presented on the Discussion Paper and a number of other topics. The slide deck is available below