The London Metal Exchange (LME) has provided an update on the timelines for market structure modernisation initiatives relating to enhancing liquidity on LMEselect. In response to Member feedback and to support participant readiness, the LME will be offering an extended “grace period” for the enforcement of the Minimum Volume Threshold (MVT) Rule which will now extend until the 24 August 2026 (having previously been scheduled to finish on 22 June 2026). During the Grace Period, the LME will be monitoring the activity of sub-MVT inter-office trades and generate example audit requests for Members. To be clear, there ... (full story)