LME Strategic Pathway

The LME Strategic Pathway was published in September 2017 and sets out our vision to drive growth. The paper followed a comprehensive period of engagement with the market and includes:

  • 2017: carry-fee reductions; financial OTC booking fee consultation; tick size review

  • H1 2018: introducing broker membership; B share initiatives; optional T2 booking model

  • H2 2018: new product launches; implied pricing; TAS functionality 

  • 2019 onwards: enhancements to clearing services and electronic trading platform.

The LME received 162 responses to its discussion paper on market structure from a broad range of users, whose feedback was instrumental to the formulation of the LME’s strategic pathway.