Neon Metals User Guide

Existing users can log in as usual and will be directed to the Neon dashboard, where all apps can be launched. Metals appears on the top-left under ‘Your Apps’.

If you do not yet have a Neon account, register at app.neon.markets and verify your email address. Be sure to register using the same email linked to your Marex client account—shared inboxes (e.g., team@mycompany.com) aren’t supported.


After creating your profile, request access to Metals via the dashboard, or contact your Marex representative to enable it. Once access is granted, Metals will appear in your dashboard under ‘Your Apps’.

Metals is only available to Marex clients. Demos are available upon request. Learn more about Neon Metals.

The Metals Prices screen displays live-streaming prices for Cash, 3M, and 3rd Wednesday prompts across outrights, adjustments, and spreads. Users can select a metal, switch accounts (if applicable), and toggle between Grid or Matrix view.

The grid view presents live monthly 3rd Weds outrights, adjustments, and spreads for the selected metal in three data windows from Cash onward, with each cell reflecting the latest bid/ask. Clicking a price opens a sidebar with quote details and transaction tools.

If the requested volume exceeds the maximum streaming volume, Metals automatically prompts the user to send a Request for Quote (RFQ).



An RFQ box at the bottom left lets users select a metal, type, side, and expiry (monthly or custom LME date). The account defaults to the one selected at the top of the screen. Once completed, users can select “Make Request” to send it to the desk.


At the bottom right, the Transactions tab displays top-day trades for the selected account, filterable by side, type, and keywords. “View all Transactions” opens the full trade history. The RFQ Blotter allows users to re-request previous RFQs for a fresh quote.

Users can also monitor Stream Status and RFQ Status at the bottom of the screen.

The matrix view shows live monthly pricing across all base metals, extending to 1 year forward. The top row displays outright prices from Cash onward, with each cell reflecting the latest bid/ask for a given contract month. Rows represent individual contracts, while columns follow sequential delivery months.

Clicking a price cell opens a sidebar with quote details and transaction tools.

If the requested volume exceeds the maximum streaming volume, Metals automatically prompts the user to send a Request for Quote (RFQ).

A collapsible RFQ popup is also available at the bottom left.



Completed trades and orders feed directly to the selected account and appear instantly in the Transactions tab. Users can monitor Stream Status and RFQ Status at the bottom of the screen.

The trades tab is where you can view and adjust existing 3M trades executed via
Neon Trader or the Marex LME Desk. This tab shows today’s trades only. There are 2 screens – ‘All Trades’ and ‘Summary’.

All trades, whether executed via voice or electronically, are listed individually and sorted by metal in an expanded table view. Use the expander arrows on the left to collapse each row by metal.



3M trades available for migration are labeled “Adjust” and include checkboxes for selecting multiple trades. Selected orders can be grouped and adjusted to prompt dates up to three months either side of the current 3M. Selecting multiple trades displays the combined position as a volume-weighted average (VWAP) price.

After selection, click “Adjust selection” to open a pop-up window. Choose your adjustment, activate “Get price” to view the bid price and timestamp, then execute or cancel. If the quote expires, refresh the carry price before proceeding.

The Summary screen displays trade data grouped by metal and displays prompt, side, quantity, account (if applicable), and VWAP price. You can export data to CSV, XLSX, or XML by right-clicking on a trade and selecting your preferred format from the pop-up menu.



Unlike the ‘All Trades’ sub-tab, trades in the ‘Summary’ tab cannot be adjusted directly in the view.

The Transactions tab offers a filterable view of both top day and historical trades across all metals, broken down by metal via the left-hand panel.



Aggregated totals appear in summary boxes at the top, with an option to switch to historical mode. Filters can be combined and include: metal(s), side, type, and account (if applicable).

When viewing historical data, totals reflect the selected date range. Warnings may appear in the table’s leftmost column and can be viewed by hovering over the symbol. To export, right-click anywhere in the table and choose from CSV, XLSX, XML, or copy data with or without headers.

The Multi RFQ feature enables users to build a single ticket containing up to ten RFQs across metals.

Within the Multi RFQ tab, users can toggle between vertical and horizontal views. Both views offer the same features; the vertical view keeps the RFQ builder visible, while the horizontal view reveals it via a collapsible panel.

To create an RFQ, users select the metal, type, side (Buy or Sell), and expiry—either monthly or a custom LME date. Once the fields are completed, clicking Add to Multi RFQ places the RFQ into the ticket window.



After adding all RFQs, users click ‘Request Quote’ to submit the ticket. Pricing returns from the desk, and users may select a bid or ask to execute or decline within the response window, or use ‘Execute Selected’ in the top right.



Users can view Today’s requests by metal, ticket, or status. Each view displays request details and includes an option to re-add the RFQ to the Multi RFQ ticket window for a new quote.

The Options tab provides an indicative pricing view across all metals, displaying ten strikes from the market over a one-year forward curve.



Users can toggle between metals and select any strike-expiry intersection to view more details on the underlying option.

This tab is available by request. Contact the Metals desk to have it enabled.