How LME Clear works

Steel structure

LME Clear provides clearing and settlement services for users of the London Metal Exchange on all Ring, electronic and telephone trades.

Once LME trades are matched via LMEsmart, they are passed to LME Clear. LME Clear is open for the registration of trades between 07:30 hrs and 20:15 hrs London time.


LME Clear provides a flexible account structure for clearing members which conforms to regulatory requirements. Cash and collateral accounts are available for house business, for Omnibus Clients and for Individually Segregated Clients. A clearing member may have multiple client accounts of each type, allowing for accounts to manage client money (CASS) and title transfer (TTCA) structures.

Clearing members are required under EMIR and UK EMIR to offer their clients a choice of client accounts.

View LME Clear's account structure

Annex 7- Delivery Timetable (PDF) 

LME Clear trades are governed via the LME Clear Rule Book and Procedures. This version incorporates changes made by LME Clear following feedback from members and from the Bank of England.

Contact us

For further information please get in touch.

Contact us

Account structure
There is no limit to the number of client accounts a member may operate and all accounts will be capable of porting.
Business continuity
LME Clear’s Business Continuity Team has worked hard to put robust processes in place to deal with any disruptions.
Steel Rebar
Service description
The purpose of this document is to supply members with sufficient information so as to allow them to understand key business interactions and processes.
Products cleared
LME Clear clears a range of commodities and products.
The LME Clear core clearing platform has been delivered by Cinnober’s TRADExpress Real-Time Clearing (RTC).
Find out about all LME Group Fees and Charges
Stay up to date

Register with LME.com

Receive full access to all our price data and gain access to our monthly LME newsletter, packed with market tips and insights from our on-staff specialists.