LMEselect the electronic member to member trading system. The operating hours are between 00.45-19.30, Monday-Friday (London Time).
LMEselect can be accessed by membership categories 1, 2, 3 & 4 and allows members to anonymously execute trades with other member firms. All LME contracts - futures, options and TAPOs can be traded this way.
LMEselect benefits from straight through processing efficiencies where trades are automatically sent to the matching and clearing systems - LMEsmart and the LME Clear system (LMEmercury).
Clients of members can connect to LMEselect via a member using third party applications via FIX API protocol. FIX applications are developed by members internally or via an Independent Software Vendor (ISV).
The available connectivity options to LMEselect are, via Proximity Hosting (CDC Connections) or via LMEnet.
Learn about becoming a category 1 or 2 member