New initiatives

Futures banding
LMEprecious
LMEprecious is the new initiative created by the London Metal Exchange, the World Gold Council and a group of leading industry players to introduce an innovative new suite of exchange-traded, loco London precious metals products.
Cotr
Enhancement to averaging solutions
Following market feedback on 01 August we made two key changes to enhance our average-price offering: A MAF fee holiday and new 2nd business day prompts.
 Monthly oveview LMEshield
LMEshield is the new central electronic register for the efficient and secure creation and transfer of off-warrant warehouse receipts.
Cotr
Ferrous
As part of our drive to expand the suite of ferrous products on offer to our customers, we have introduced two new ferrous contracts, LME Steel Rebar and LME Steel Scrap.
Open interest
Electronic trading on the LME
The LME’s Liquidity Roadmap brings together a set of initiatives which are designed to deliver more electronic trading, more transparency and greater market participation.