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Fees

LME fees are set annually by the Exchange and agreed by its Board. All fees are standard across membership category or service and apply only to LME members and users of LME systems. Fees charged by LME members to clients are subject to normal commercial negotiation.

These fees are effective from 1 January 2017.

Transaction Fees

Futures, Carries, Traded options and TAPOs
(Per leg per side per  lot)
Fees (USD)

Contract type

CategoryTrading

Clearing 1

 Total
Exchange

Ring/Kerb/Basis

0.25 0.25 0.50
Non-Ring 0.65 0.25 0.90
Short-dated carries2 0.25 0.25 0.50
Give-up 0.25 0.25 0.50
Client Short-dated carries2 0.25 0.25 0.50
All other 3 0.65 0.25 0.90
Option exercise/assignment

-

0.35 0.35
Cash settlement fee

-

0.08 0.08
Delivery fee

-

0.35 0.35

 Position transfer fees will be capped at USD 10,000 per transaction (inclusive of exchange and client contracts).

 LMEminis (per leg per side per  lot)Fees (USD) 

Contract type

Trading

Clearing1

Total
 All3  - 0.25 0.25
Cash settlement fee - - -

Trading fees are invoiced on a monthly basis.

1 Clearing fees are indicative only. For a complete list of all the latest LME Clear fees and charges, please refer to the LME Clear pages of the website .

2 Short-dated carries are where all carry dates are between the TOM date (next LME business day) and 15 calendar days forward from the TOM date inclusive.

3Certain position transfers as detailed in Notice 16/290 : A/284, issued on 23 August 2016, and certain other administrative transactions may be eligible for a fee cap or discount. For further information, please contact Client Advisory and Membership Services.

A complete listing of fees and levies is available. Fees and levies may be subject to VAT and other applicable taxes. For more information please contact us to discuss your enquiry.