LME: Approval For Australia Access To Online Platform Select

LONDON --The London Metal Exchange has been granted a license by the Australian Securities and Investment Commission that will allow members to access its online trading platform Select from Australia, the LME said Monday.

The change will take effect May 1.

Trading at the LME takes place across three trading platforms: through open-outcry trading in the ring, through an inter-office telephone market and through LME Select.

LME Select opens at 0100 London time and closes at 1900 London time.