On 19 January 2021, we issued a discussion paper on market structure, which set out a range of proposals designed to enable the LME to modernise and adapt to emerging trends and evolving customer needs to create a metals market fit for the future.
Building on the groundwork of 2017’s Strategic Pathway this discussion paper considered several structural changes to the LME, which are focused on four main topics:
On 8 June 2021 we published a summary of the broad market feedback we received, together with the outcomes of the discussion paper process, which will enhance the LME’s electronic offering and provide greater transparency, while also preserving user choice for the Exchange’s diverse global customer base.
Full LME response documents:
Supporting and related documents:
In this video update, LME Chief Executive Matthew Chamberlain provides an overview and brief explanation of the feedback and outcomes of the LME Discussion Paper on Market Structure.
LME DISCUSSION PAPER ON MARKET STRUCTURE DOCUMENTS – ISSUED JANUARY 2021
LME Discussion Paper video: LME CEO Matthew Chamberlain outlines the Market Structure Discussion Paper
Strategic Pathway 2017 video: LME CEO Matthew Chamberlain speaks to Brunswick Group’s Kim Fletcher about the LME Strategic Pathway, happiness and electric cars.