London Metal Exchange Enumerations#

The London Metal Exchange (LME) is the world’s largest market for trading base metals futures and options.

The following fields have Enumerations:

  • MMT_MKT_MECH - Market mechanism through which a trade was executed.

  • MMT_MOD_IND - Identifies trade cancellations, or amendments of a previous trade.

  • MMT_PRICE_FORMING_IND - Identifies whether a trade is price-forming, or contributes to the price discovery process.

  • MMT_TRD_MODE - Trading period during which an on-book trade was executed, or origin of an off-book trade report (on-exchange / off-exchange / SI).

  • TRADE_TYPE - Type of trade

MMT_MKT_MECH - Enumeration#

Enumeration ID

Enumeration Description

1

Central Limit Order Book

4

Off Book

MMT_MOD_IND - Enumeration#

Enumeration ID

Enumeration Description

-

New trade

C

Trade cancellation

MMT_PRICE_FORMING_IND - Enumeration#

Enumeration ID

Enumeration Description

P

Plain vanilla (price-forming) trade

MMT_TRD_MODE - Enumeration#

Enumeration ID

Enumeration Description

2

Continuous trading

5

Trade reporting (on-exchange)

TRADE_TYPE - Enumeration#

Enumeration ID

Enumeration Description

11

Current market price trade (Exchange, non-Select) [until 20250321]

12

Current market price trade (Client, non-Select) [until 20250321]

13

Average or Amalgamated trade (Exchange, non-Select) [until 20250321]

14

Average or Amalgamated trade (Client, non-Select) [until 20250321]

15

Client cross vs cleared Give-up [until 20250321]

16

Client cross vs late cleared Give-up [until 20250321]

2

Electronic trade

21

Electronic trade (Exchange) [until 20250321]

22

Electronic trade (Client) [until 20250321]

31

Inter-office trade

41

1st Ring matched trade

42

2nd Ring matched trade

43

3rd Ring matched trade

44

4th Ring matched trade

45

Basis 1st Morning Ring

46

Basis 2nd Morning Ring

47

Basis 1st Afternoon Ring

48

Basis 2nd Afternoon Ring

51

1st Kerb matched trade

52

2nd Kerb matched trade

53

Basis Morning Kerb

54

Basis Afternoon Kerb

6

Implied trade

61

Exceptional Use trade (Exchange) [until 20250321]

62

Exceptional Use trade (Client) [until 20250321]

TC

Trade at Close