As part of the LME Liquidity Roadmap we have lifted the LMEselect 50-1 order-to-trade ratio restriction for outright 3rd Wednesday monthly contracts.
The initiative covers order actions on 3rd Wednesday monthly prompts out to six months for aluminium, copper and zinc.
Unrestricted order entry
This means that LMEselect participants can submit as many 3rd Wednesday order-actions as they like - so encouraging more liquidity on near-by monthly prompts for the market as a whole.
Join us on our journey and get in touch to find out more: firstname.lastname@example.org
Liquidity Roadmap Member Notice, 14 January 2015, 15/023, A023
Liquidity Roadmap Press Release
Tick Size Notice, 2 December 2014, 14/358, A349
Order to trade Ratio Notice, 14 January 2015 15/022, A022
PTRM LMEselect 7.4 Notice, 26 January 2015 15/037, A037