The LME has introduced an OTC booking fee, which, it states, is intended to rebalance the disparity between LME and OTC contract fees. The booking fee is set at USD 1.00 per equivalent LME lot and will be paid by financial institutions per OTC trade executed in the place of a LME client contract. The LME reports that this amounts to 4 cents per ton for aluminium or copper.
The new OTC booking fee will take effect from 1st June 2018.
“Iyer has a deep understanding of international markets and an impressive track record in arbitration and commercial disputes”
From 'Chambers Guide to the Legal Profession' while Andrew Iyer was practising as a solicitorWinner of the International Law Office 'Client Choice Award for Energy & Natural Resources UK'
While Andrew Iyer was practising as a solicitor“[Iyer] is very cost effective, efficient and proactive - he takes the initiative in speeding up recalcitrant opponent lawyers to the negotiating table”
From the 'International Law Office, Client Choice Guide' while Andew Iyer was practising as a solicitor“[Iyer is] an extraordinarily fine lawyer with the full portfolio of skills, from negotiating contracts to claims, disputes and arbitrations - he’s the whole package!”
From 'Chambers Guide to the Legal Profession' while Andrew Iyer was practising as a solicitorShipping & Trade Firm of the Year in England 2020
Global Law Experts Annual Awards“Sharp, to the point and efficient. [Iyer] responds with electrifying speed and is always contactable”
From 'The Legal 500' while Andew Iyer was practising as a solicitorEnergy & Natural Resources Law Expert of the Year in England 2020
Leaders in Law Global Awards'Energy & Natural Resources Firm of the Year in England' 2023
Corporate Intl Magazine Global Awards'Leading Arbitration Specialist UK' 2022
AI Global Excellence Awards“Andrew Iyer continues to glean high praise from clients”
From 'The Legal 500' while Andrew Iyer was practising as a solicitor“[Iyer] has the experience to instantly recognise the problems being encountered and the professional expertise to always provide sound, concise and, most importantly, clear legal advice”
From the 'International Law Office, Client Choice Guide' while Andew Iyer was practising as a solicitor“an extraordinarily fine lawyer with the full portfolio of skills, from negotiating contracts to claims, disputes and arbitrations - he’s the whole package!”
From 'Chambers Guide to the Legal Profession' while Andrew Iyer was practising as a solicitor“[Iyer is] one of the most experienced energy lawyers that I have come across. His energy practice has a unique offshore flavour which suits our requirements”
From the 'International Law Office, Client Choice Guide' while Andrew Iyer was practising as a solicitor'Shipping & Trade Firm of the Year in England' 2023
Corporate Intl Magazine Global Awards'Arbitration Advisers of the Year' 2021
Global Business Magazine
