LME Planning Fee Changes

EXCHANGE WATCH

The London Metal Exchange (LME) is introducing a fee for 30-minute delayed data and increasing its real-time data fees starting in January 2004, Inside Market Data has learned.

John Vincent, the LME’s market data manager, says the exchange has raised its fees to counter rising costs from a number of internal IT projects, including the development of a new trading platform and a matching and registration system.

He says the not-for-profit exchange decided to introduce a fee for the delayed data

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