The Exchange supports an inter-office telephone market between LME members which operates 24 hours a day.
Member indicative quotes are available from licensed data distributors and like the Ring and LMEselect , all contracts traded on the LME telephone market are matched, cleared and settled in the usual way.
Indicative quotes from the telephone market
Price data from the inter-office telephone market forms one part of the price and market report data available from the LME via licensed data vendors.
Inter-office price quotes
All prices are indicative, in bid / ask pairs and in US dollars.
Quotes are available for futures 3 month outright contracts, nearby and far forward spreads and averages.