SYSTEMS

A set of robust systems and technologies underpin trading at the LME and provide security to those trading on our market.

	LMEselect Allows our members (categories 1 - 4) to trade with each other electronically and takes advantage of straight-through-processing efficiencies.
	LMEshield Our new electronic warehouse receipt system provides a reliable, secure register for global commodities which are stored off-warrant.
	LMEsmart Matches and registers trades made on the Exchange. This starts the clearing process.
	LMEsword Creates and manages warrants for LME contracts that are physically settled, and for LME metals that are held on warrant in LME approved warehouses.
	LMEwire Reports derivatives transactions to a registered trade repository.
	LMEselectMD LMEselectMD is the LME’s market data feed and provides real-time, historic and summary reports of trading activity within LME for external data vendors and market participants.
	LMEsource LMEsource is the LME’s new multicast market data platform. Phase I of LMEsource includes all LMEselect data only.
	LMEprism LMEprism is used to receive daily Option volatilities from members to assist the LME in the determination of the Closing Prices for Traded Options.
	LMEdprs Enables members to report daily to the Exchange via secure website /FTPS containing information on Members'.
	LMEbullion LMEbullion is our custom-built electronic auction system for platinum and palladium.
	LMEmercury LMEmercury is operated by LME Clear and is the core clearing platform.
	LMEnet LMEnet is the new dedicated wide area network (WAN) from the London Metal Exchange.