LME Electronic Pricing - Covid-19

Summary

1. This Notice confirms the commencement of a temporary period of electronic pricing and Ring suspension.

Electronic trading

1. As indicated in Notice 20/067, LME pricing will be conducted electronically, with effect from Monday 23 March 2020, for a temporary period during the current challenges associated with COVID-19.  During this time, Ring trading will be suspended.
2. The procedures in Notice 20/069 will apply in respect of the electronic pricing process.

Further background

1. An email sent to members and LME committee members can be found in Annex A.
2. Further information can be found at: https://www.lme.com/en-  GB/About/Corporate-information/Business-continuity/COVID-19-preparedness