London Metal Exchange trading now on Exponential-e network

Exponential-e is now offering customers direct trading connectivity to the London Metal Exchange (LME) over its "ultra-low latency" network.

Established in 1877 the London Metal Exchange is the world’s top non-ferrous metals market. LMEselect is the exchange’s electronic trading platform, which Exponential-e’s 250-plus financial organisations will now be able to access directly through its own network.

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Lee Wade, CEO of Exponential-e, said: "Our 100GigE (Gigabit Ethernet) core network is the perfect platform for delivering direct, ultra-low latency connectivity into financial exchanges, where speed and reliability are of paramount importance to customers.”

Exponential-e now provides direct connectivity to over 42 different UK financial exchanges and trading platforms. It recently added connectivity to BATS Chi-X Europe, the largest pan-European equities trading venue.