LMEprecious

New Market Participant programme

This notice confirms the renewal of the New Market Participant Programme for the LMEprecious market (“LMEprecious NMP”).

The LMEprecious NMP is a one-year programme for trading participants who have not traded LMEprecious contracts previously. It offers eligible participants a rebate of a set percentage of trading and clearing fees across all contracts.

Rebates offered:

• 75% for the initial six months of the programme
• 50% for the final six months of the programme

Application documentation

• 20 165 LMEprecious New Market Participant Programme
• NMP Application form

Liquidity Provider programme

On 12 November 2019 the LME announced its intention to launch a liquidity provider programme for LMEprecious. Subject to regulatory non-objection and internal review, the LP Programme will commence on 2 December 2019 and terminate on 30 November 2020.The programme covers LME Gold and LME Silver from 8am – 6.30pm.

For full details of the LMEprecious liquidity provider programme, please refer to LME notice 19/365.

LME incentive programmes are governed by the Incentive Programme General Terms (PDF).

If you have any questions, please email.