Trading Technologies, the service provider for the London Metal Exchange (LME), confirmed that market data issues reported earlier on Monday have been resolved, though further checks are being conducted to ensure the stability of the system.
The problems, which were related to missing prices on the LMEtrader and Standard TT GUI screens, primarily affected several LME member firms. These missing data points included carry prices, according to the LME. However, there were no reported issues from other independent software vendors (ISVs) providing data to the exchange.
On the same day, the LME launched its new trading platform, “LMEselect v10,” and the market data platform “LMEsource v4,” as planned. The exchange, owned by Hong Kong Exchanges and Clearing Ltd., reassured stakeholders that both platforms were now running as expected after the initial disruption.
