The London Metal Exchange (LME) experienced record volumes in September, with 14.09 million lots traded.

Average daily volume is up 8.5 per cent from 2011 with 633,702 lots trading per day.

Up to the end of September 2012, 119.1 million lots traded, the equivalent of USD10.9trn in notional turnover, which is up 11 per cent from the corresponding period last year (107.0 million lots).

The LME's previous monthly record was set in September 2011, with 13.97 million lots traded.