The London Metal Exchange (LME) has announced plans to raise its fees by an average of 4.7% in 2025, while maintaining current charges for trading on its open-outcry floor. This fee increase is notably lower than the 13% hike implemented in 2024.
Key Highlights:
Fee Structure:
The base trading and clearing fees will see an increase ranging from 0% to 6.5%.
The LME aims to implement these changes to support ongoing investments in enhancing its market and to address inflationary pressures.
Support for Open-Outcry Trading:
To bolster the physical market, the LME will not increase fees for transactions conducted in the ring, which is one of the last remaining open-outcry trading floors globally.
Focus on Battery Metals:
The LME has faced challenges in keeping pace with rival exchanges in trading battery metals. In response, it has extended its waiver of fees on lithium and cobalt futures to encourage trading in these critical commodities.