London Metal Exchange (LME)

LCH.Clearnet provides clearing and settlement services for the London Metal Exchange (LME), the world’s premier non-ferrous metals market, on all floor, electronic and inter-office trades.  LCH.Clearnet has been supporting the growth of the market by providing clearing services for the LME since 1987. Today, we are the leading clearer of commodities in Europe.

By clearing through LCH.Clearnet, LME clearing members benefit from reduced credit risk, enhanced capital efficiency and operational resilience from reliable and secure systems.

The LME offers futures and options contracts for aluminium, copper, nickel, tin, zinc and lead plus two regional aluminium alloy contracts. In 2005 the Exchange launched the world’s first futures contracts for plastics; for polypropylene and linear low density polyethylene, with the introduction of regional plastics contracts in 2007. In addition, it offers LMEminis, which are smaller-sized contracts for copper, aluminium and zinc plus an index contract (LMEX).

The LME is a Recognised Investment Exchange (RIE) based in London, supervised by the Financial Services Authority (FSA) formed in 1877.