LME announces new fees for listing of brands

Reuters

02/20

LONDON, Feb 20 (Reuters) - The London Metal Exchange announced changes in fees that will take effect immediately, it said on Friday.

The exchange, the world's oldest and largest market for industrial metals, said it would impose a one-off charge for "Brand Listers" of $6,250 and an annual fee of $1,000.

Other changes included a fee waiver when members "cross" orders on its electronic platform LMEselect, it added.

(Reporting by Eric Onstad. Editing by Mark Potter)

((eric.onstad@thomsonreuters.com; +44 20 7542 7093; Twitter https://twitter.com/reutersEricO; Reuters Messaging: eric.onstad.thomsonreuters.com@reuters.net))

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