![Traders and clerks at work at the London Metal Exchange](https://s.wsj.net/public/resources/images/FN-AI544_FN_LME_M_20191016065736.jpg)
The London Metal Exchange plans to increase the fees it charges to members for the first time in five years, in order to invest in technology and cover the costs of keeping up with regulatory requirements.
The LME, which is owned by Hong Kong Exchanges and Clearing, said in a statement on October 16 it will increase trading and clearing fees by 8% from January 2020.