LME Clear is the clearing house for the London Metal Exchange. Launched in 2014 it was designed and built in consultation with the market to provide cost-efficient, EMIR compliant clearing services, using cutting edge technology.
Download the LME Clear brochure for an overview of our services.
|How LME Clear works
LME Clear provides clearing and settlement services for users of the London Metal Exchange on all Ring, electronic and telephone trades.
LME Clear is authorised and regulated in the UK by the Bank of England.
|Rules and regulations
The Rules have been developed by LME Clear and The London Metal Exchange ("LME") together with external legal counsel.
Information on how to become an LME Clear member.
LME Clear has a robust Risk Management Framework that provides the structure for clear risk policies, processes and internal control mechanisms to manage, assess and contain the risks posed to the clearing house.
LME Clear has designed a Secure Payment System (SPS), in collaboration with the Bank of England and Settlement Banks.
LME Clear provides a variety of reports to Members. Intraday reports as well as mechanisms to export intraday data are available from the clearing GUI.
The LME Clear Graphical User Interface provides Members with a comprehensive real time view of their core clearing activities.
|LME Clear Projects
These are the stakeholder facing projects being undertaken by the LME Clear. Value-at-risk, R5 2017, R4 2017 and Compression.
Information on what products and commodities can be cleared using LME Clear.
Reports derivatives transactions to a registered trade repository.
|News and events
View the latest LME Clear news and events.