LME Waives Data Fees for Reference Price Usage

Following "significant engagement" with users, LME has introduced an exception to its policy that those who do not contribute to pricing should pay for data.

The London Metal Exchange Building

The usage license, which came into effect on April 4, 2016, was targeted at users of LME data who do not contribute to the formation of the prices, either as members or as users of LME client contracts.

In a note sent to members and published online, LME officials say it "continues to believe that it is appropriate for financial firms who embed LME prices into structured products to pay for a usage license," but that "significant industry engagement" following the fee introduction has led the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

If you already have an account, please sign in here.

The Cusip lawsuit: A love story

With possibly three years before the semblance of a verdict is reached in the ongoing class action lawsuit against Cusip Global Services and its affiliates, Reb wonders what exactly is so captivating about the ordeal.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here