LME Swaps Datacenters for Data Platform, LME Select Improvements in 2017

LME datacenter switch will support major technology developments to be delivered next year.

The London Metal Exchange Building

The move will support a number of "big business projects" at the LME that involve new underlying technology. "Having the new datacenter makes that a lot easier because we were fairly limited for expansion space in our previous datacenter, and being able to use that space more effectively is very important," says a source familiar with the project.

Projects currently underway that will go live next year include replacing its current market data platform with a new build, which will enable the ex