Trading venues

The LME provides the market with three transparent and regulated platforms for trading industrial metal contracts.

Metal specific reports
The Ring - 11:40 - 17:00
The Ring, our open-outcry trading platform, is central to the process of price discovery. Prices are discovered during a highly liquid five-minute ‘Ring’ session for each metal.
MASP
LMEselect - 01:00 - 19:00
LMEselect is our highly liquid electronic platform for the trading of all LME contracts. Offering low-latency access via proximity hosting and rich multi-order type functionality, LMEselect is available to members and their clients (via member sponsored access).
Monthly oveview
Inter-office telephone market - 24 hours
The Exchange also supports an inter-office telephone market between LME members, which operates 24 hours a day. All LME contracts can be traded over the telephone.

Trading times
Information on trading times and dates for all LME metals.

Disaster recovery
Processes have been put in place to ensure Ring and electronic trading can continue in the event of an incident impacting any LME operational locations.