Order-to-trade ratio change

As part of the LME Liquidity Roadmap we have lifted the LMEselect 50-1 order-to-trade ratio restriction for outright 3rd Wednesday monthly contracts.

The initiative covers order actions on 3rd Wednesday monthly prompts out to six months for aluminium, copper and zinc.

Unrestricted order entry

This means that LMEselect participants can submit as many 3rd Wednesday order-actions as they like - so encouraging more liquidity on near-by monthly prompts for the market as a whole.