The LME joins the nation and those around the world in mourning the loss of Her Majesty, Queen Elizabeth II, and sends its condolences to the Royal Family. A national public holiday has been declared in the UK on Monday 19 September 2022 (the Bank Holiday) for The Queen’s funeral. With the exception of critical operations teams, the LME office will shut on 19 September 2022, and the first Ring trading session will not take place on this date as a mark of respect during the funeral of Her Majesty. However, reflecting the international nature of the LME’s market and taking into account the potential impact of the short notice from an operational risk perspective, the Bank Holiday will constitute a Business Day for the purposes of the LME and LME Clear Rules, and the markets themselves will remain open. Out of respect, all trading fees received by the LME on 19 September will be donated to charities of which Her Majesty was a patron. This Notice sets out further detail of revised trading, and related operational, arrangements.
