Online-LME.com has been produced by Berkeley Futures Limited with the aim of answering your questions about LME trading and assists traders and hedgers with setting up cost efficient LME solutions.
Berkeley Futures, active in derivatives since 1986 and authorised and regulated by the Financial Conduct Authority (FCA) in the UK is a member of the London Metal Exchange (LME), in addition to being a member of the Dubai Gold & Commodity Exchange (DGCX), the London Stock Exchange and Futures Industry Association (FIA) Europe.
Free exchange fees via the LME New Market Participant Programme
The New Market Participant Programme is available for client trades placed by new individual traders at clients of members who have not traded on the market before. Members will receive rebates of trading and clearing fees for a defined period of time in respect of client contracts (and the accompanying exchange contract) for outright 3 months and outright third Wednesday contracts for aluminium, copper and zinc placed on LMEselect.
Electronic Trader Programme
The Electronic Trader Programme applies to trades executed on LMEselect in aluminium, copper, lead, nickel, tin and zinc. The programme is available to all clients of members, and entitles registered clients to a discount of two-thirds of the LME total execution and clearing fees levied by the exchange, with respect to outright 3rd Wednesday contracts and 3 months to and from 3rd Wednesdays.
Volume Based Programme
The Volume Based Programme, is a trading incentive scheme designed to foster increased liquidity via electronic trading on LMEselect. It is available to existing proprietary participants, the programme is available on 3 month contracts in aluminium, copper, lead, nickel, tin and zinc.
Find out if you’re eligible for up to 100% off exchange fees for the first six months.
Video content has been provided courtesy of the London Metal Exchange