The Exchange supports an inter-office telephone market between LME members which operates 24 hours a day.
Member indicative quotes are available from licensed data distributors and like the Ring and LMEselect, all contracts traded on the LME telephone market are matched, cleared and settled in the usual way.
Indicative quotes from the telephone market
Price data from the inter-office telephone market forms one part of the price and market report data available from the LME via licensed data vendors.
Inter-office price quotes
Futures pre-trade price quotes from the telephone market - contributed by all Ring dealing members and the majority of associate broker clearing members - are input 24 hours a day.
All prices are indicative, in bid/ask pairs and in US dollars.
Quotes are available for futures 3 month outright contracts, nearby and far forward spreads and averages.