Annual volumes

The report below shows 2025 volumes compared to 2024, inclusive of UNA* trades. These are broken down into lots by each metal and contract type. There were 253 trading days in 2025 and 254 trading days in 2024. The average daily volume for 2025 was 756,996 lots, up 8.% from 2024 (702,639 lots).

Excluding UNAs and non-chargeable trades, the average daily volume for 2025 was up 7.9%.

_{*A UNA (unallocated) trade is a service that enables LME members to efficiently book their give-up trades in compliance with MiFID II regulation.}

2025 volume report (XLSX)

The report below shows 2024 volumes compared to 2023, inclusive of UNA* trades. These are broken down into lots by each metal and contract type. There were 254 trading days in 2024 and 251 trading days in 2023. The average daily volume for 2024 was 702,639 lots, up 18.4% from 2023 (593,537 lots).

Excluding UNAs and non-chargeable trades, the average daily volume for 2024 was up 18.2%.

_{*A UNA (unallocated) trade is a service that enables LME members to efficiently book their give-up trades in compliance with MiFID II regulation.}

2024 volume report (XLSX)

The report below shows 2023 volumes compared to 2022, inclusive of UNA* trades. These are broken down into lots by each metal and contract type. There were 251 trading days in 2022 and 2023. The average daily volume for 2023 was 593,537 lots, up 11% from 2022 (534,478 lots).

Excluding UNAs and non-chargeable trades, the average daily volume for 2023 was up 11%.

_{*A UNA (unallocated) trade is a service that enables LME members to efficiently book their give-up trades in compliance with MiFID II regulation.}

2023 volume report (XLSX)

The report below shows 2022 volumes compared to 2021, inclusive of UNA* trades. These are broken down into lots by each metal and contract type. There were 253 trading days in 2021 and 251 in 2022. The average daily volume for 2022 was 534,478.39 lots, down 6.8% from 2021 (573,271 lots).

Excluding UNAs and non-chargeable trades, the average daily volume for 2022 was down 7.6%.

_{*A UNA (unallocated) trade is a service that enables LME members to efficiently book their give-up trades in compliance with MiFID II regulation.}

2022 volume report (XLSX)

2021 volume report (XLSX)

_{*A UNA (unallocated) trade is a service that enables LME members to efficiently book their give-up trades in compliance with MiFID II regulation.}

2020 volume report (XLSX)

The report below shows 2019 volumes compared to 2018, inclusive of UNA trades*. These are broken down into lots by each metal and contract type. There were 253 trading days in 2018 and 2019. The average daily volume for 2019 was 696,567 lots, down 4.6% from 2018 (730,497 lots).

Excluding UNAs and non-chargeable trades, the average daily volume for 2019 was down 1.8%.

_{*A UNA (unallocated) trade is a service that enables LME members to efficiently book their give-up trades in compliance with MiFID II regulation.}

2019 volume report (XLSX)

The report below shows 2018 volumes compared to 2017. These are broken down into lots by each metal and contract type. There were 253 trading days in 2018, compared to 252 days in 2017. The average daily volume for 2018 was 730,498 lots, up 17% from 2017 (624,480 lots).

These figures are inclusive of UNA trades*.

_{*A UNA (unallocated) trade is a service that enables LME members to efficiently book their give-up trades in compliance with MiFID II regulation.}

2018 volume report (XLSX)

The report below shows 2017 volumes compared to 2016. These are broken down into lots by each metal and contract type. There were 252 trading days in 2017, compared to 253 days in 2016. The average daily volume for 2017 was 624,480 lots, up 0.9% from 2016 (618,627 lots).

2017 volume report (XLSX)

The report below shows 2016 volumes compared to 2015. These are broken down into lots by each metal and contract type.

There were 253 trading days in 2016, the same number as in 2015. The average daily volume for 2016 was 618,627 lots, down 7.7% from 2015 (670,189 lots).

2016 volume report (XLSX)