LME Strategic Pathway 2017

Published in September 2017, the Strategic Pathway set out our vision to drive growth, following a comprehensive period of engagement with the market.

The Strategic Pathway is underpinned by four key principles:

  • serving the physical market by providing pricing, risk management and terminal market services to the global physical metals industry
  • ensuring fairness and non-discriminatory access to our market
  • increasing user choice and meeting the varied needs of all the LME’s users
  • maximising trading efficiency for customers.

Following the discussion period and taking into account market feedback, the LME implemented:

  • 2017: carry-fee reductions; tick size review
  • H1 2018: Financial OTC Booking Fee introduction; introducing broker membership; B share initiatives; optional T2 booking model
  • H2 2018: new product launches; implied pricing; TAS functionality 
  • 2019: enhancements to clearing services and electronic trading platform.

LME Discussion Paper on Market Structure 2021

LME Discussion Paper video: LME CEO Matthew Chamberlain outlines the Market Structure Discussion Paper

LME Discussion Paper Overview Video

LME Discussion Paper Q&A Webinar Series


LME Strategic Pathway 2017

Strategic Pathway 2017 video: LME CEO Matthew Chamberlain speaks to Brunswick Group’s Kim Fletcher about the LME Strategic Pathway, happiness and electric cars.

LME Strategic Pathway infographics

LME Strategic Pathway videos

Financial OTC Booking Fee