LME Clear
LME Clear is the new clearing house for the London Metal Exchange, launched on 22 September 2014. The service has been designed and built in consultation with our Members and users of the LME.
LME Clear announces successful launch
LME Clear is cost-efficient, EMIR compliant and powered by cutting edge technology.
Key attributes
Real-time liability and collateral monitoring
Custom built, robust and resilient
EMIR compliant from launch
Flexible and focused on continued improvement
Real-time position monitoring
Streamlined operational processes including options expiry and collateral management
Rationalised suite of daily reports including fees by trade and account.
Products cleared
LME Clear replaced the services previously provided by LCH Clearnet Ltd. By clearing through LME Clear, LME Clearing Members benefit from a new EMIR compliant clearing house providing enhanced central counterparty (CCP) services.