LME starts discussion on electronic options market, automatic expiry

The London Metal Exchange may introduce significant changes to its options offering, with plans to develop an electronic options market in tandem with the exchange's current inter-office method.

The exchange sent out a discussion paper to members on Wednesday July 1 detailing proposed changes it says could attract a host of new customers into trading its products.
Options would be traded through the LME's upgraded LMEselect platform, similar to how these contracts are bought and sold on other exchanges such as the CME.

“This planned development ties into our overall trading infrastructure transformation project, which includes the launch of...


Archie Hunter

Alice Mason

July 01, 2020

14:43 GMT