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.
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.