Following the successful implementation of LMEselect release 6, the London Metal Exchange has amended its order to trade ratio policy on LMEselect. With effect from Monday 5 January, the ratio of order to trade for Primary Aluminium and Copper Grade A contracts has increased to 20 order actions to one trade. The increase applies only to transactions between 08.00-18.00 hours London time. The order to trade ratio for all other metals, plastics, steel, index and LMEmini contracts remains at 12 order actions to one trade.
The Executive will continue to review the policy on a regular basis.
