The London Metal Exchange (LME) introduced a financial OTC booking fee in March 2018.
Any entity using LME data in OTC transactions will need to comply with the Financial OTC Booking Fee Policy.
The financial OTC booking fee effective from 1 January 2025 is $2.36 to match the corresponding all-in fee paid for a client contract transacted on-exchange.
We have produced a quick guide (PDF) for all market participants and it explains what the fee is, who it applies to and how it works.
Those affected by the policy are required to register by completing and returning to us a Form 1 (for members) or Form 2 (for non-members).
We highly encourage you to engage with us if you have any questions after reading through the relevant documentation below.
Related documents
Financial OTC Booking Fee Policy Reporting Template (XLS)
A Quick Guide to the Financial OTC Booking Fee (PDF)
Financial OTC Booking Fee Policy (PDF)
Financial OTC Booking Fee Policy - FAQs (PDF)
Contact us
For further information please email FOTCReporting, Members may also contact their Relationship Manager.