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LME Minis

LME Minis. China Xinyongan Futures November, 2010 Hong Kong. Contract summary – the LMEMini. Five tonne lot size, with the underlying specification identical to the full-size parent contract Contracts are for Copper Grade A, Primary Aluminium and Special High Grade Zinc

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LME Minis

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  1. LME Minis China Xinyongan Futures November, 2010 Hong Kong

  2. Contract summary – the LMEMini Five tonne lot size, with the underlying specification identical to the full-size parent contract Contracts are for Copper Grade A, Primary Aluminium and Special High Grade Zinc Tradable electronically via LME Select and the telephone market Tradable for one single prompt date, the third Wednesday of each month for 12 months forward Cash-settled (i.e. no physical delivery) against the Official Settlement Price of the full-size parent LME contract Margining is on a daily marked-to-market basis and in a futures style 2

  3. Basic information – the LMEMini 3 3

  4. Basic information – the LMEMini 4 4

  5. Basic information – the LMEMini 5 5

  6. Simple LME minis are cash-settled contracts, traded electronically and via the telephone. They are designed to appeal to market participants who prefer to trade non-physically deliverable contracts, on a monthly basis, in smaller tonnages than currently available on the LME. AccessibleLME minis appeal to those market participants looking for an easy way to trade and access the world’s most liquid base metals market. TransparentThrough the LME Select, full order depth for all contracts and months are visible giving market participants full transparency of the market at all times. Liquid and credibleBeing cash-settled market participants also benefit from the deep liquidity and credibility that exists in the LME’s parent contracts. Source: LME.com Features 6

  7. End

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