LME to keep core trading and clearing fees, consider increasing Financial OTC Booking Fee for 2023
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Update time : 2022-12-09 17:27:29
The London Metal Exchange (LME) said that it would not increase core trading and clearing fees for 2023, considering the current challenging market conditions and supporting on-exchange trading and liquidity.
However, the LME is considering increasing the Financial Over-the-Counter (OTC) Booking Fee. The current Financial OTC Booking Fee is lower than the corresponding on-exchange fees, which may incentivize the use of the OTC rather than the on-exchange market.
Meanwhile, certain ancillary fees will be increased for 2023, reflecting higher operational and regulatory costs for the services provided by the LME.
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