LME plans to allocate position limits to curb large Holdings.

Golden Ten Data, May 16, According to people familiar with the matter, the London Metal Exchange (LME) discussed setting position limits to curb huge positions. The LME has been engaged in informal dialogue with market participants to discuss the appropriate level of position limits. The LME has hinted at a possible attempt to discourage traders from taking positions in near-month contracts that exceed total inventories. According to a policy statement issued by the UK's Financial Conduct Authority (FCA) earlier this year, responsibility for setting position limits in the UK commodity markets will shift from the Financial Conduct Authority (FCA) to individual exchanges from July 2026. According to people familiar with the matter, the LME may formally propose a position limit to the market at some point before that.