Average Prices
The notional average price (NAP) is made up of known LME Official Cash Settlement prices and LME Closing Prices taken from each of the prompt dates for the pricing period. These prices are totalled and averaged over the number of …
The notional average price (NAP) is made up of known LME Official Cash Settlement prices and LME Closing Prices taken from each of the prompt dates for the pricing period. These prices are totalled and averaged over the number of …
LME Index increased 326.80 points or 8.69% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. ... London Metal Exchange Index consists of 6 metals with the following weights: aluminim (42.8%), copper (31.2%), zinc (14.8%), lead (8.2%), nickel (2%) and …
The London Metal Exchange (also known as the LME) is a commodity exchange based in London, England, that deals primarily in non-ferrous metals. ... Tin: F, O, TAPO, MAF, HKEX: Aluminum Alloy: ... The Ring is the open-outcry physical trading floor that plays a key role in price discovery on the LME. Each metal is traded in a …
LME Clear provides clearing and settlement services for users of the London Metal Exchange on all Ring, electronic and telephone trades. ... LME reference prices Back ... LME Aluminium LME Aluminium Alloy …
Tin Futures are available for trading in The London Metal Exchange (LME). The standard contact weighs 5 tonnes. Tin increased 5,084 USD/MT or 20.00% since the beginning of …
The LME Options Calculator generates theoretical prices and Greeks for any of LME's options contracts. How to use the LME Options Calculator. Enter values into the calculator's variable fields, which are futures price, strike, volatility, expiration month, expiration date, futures prompt data, options pricing date and the options premium.
For these reasons, together with members and other market participants, the LME has identified the following 30-minute liquidity windows: 14.00 - 14.30 London time for LME Steel HRC FOB China (Argus) - download a diary reminder. 16.00 - 16.30 London time for LME Steel Scrap CFR Turkey (Platts) - download a diary reminder. Where: LMEselect
The London Metal Exchange (LME) is a commodities exchange that deals in metals futures and options. It is the largest exchange for options and futures contracts for base metals, which include ...
Benchmark three-month tin on the London Metal Exchange hit $36,050 a metric ton in April, propelled by production problems in Myanmar, Indonesia and the …
LME futures provide members of the metal and investment communities with the unparalleled opportunity to transfer and take on price risk. A futures contract is the obligation to buy or sell a standard quantity of a specified asset (metal) on a set date, at a fixed price agreed today. Unique
Monthly (3W) futures quotes. 3rd Wednesday monthly futures quotes from LMEselect are now available for free on LME.com. The 15-minute delayed data covers the first six …
The LME Rulebook sets out the rules and regulations of the London Metal Exchange. The LME is embarking on a programme of work to fully rebuild its electronic trading platform, LMEselect. Clearing
The LME Rulebook sets out the rules and regulations of the London Metal Exchange. ... Find out more about LME's reference prices. ... LME Tin Please note that the COTR is only produced for metals which have open positions. The most recent report therefore reflects the reporting period whereby open positions were last reported for that …
Designed to reflect the nature and timing of bilaterally negotiated metal trades, market participants can use the LME's non-ferrous contracts to transfer or take on risk against metal prices daily out to 3 months, weekly out to 6 months and monthly out to anything up to 123 months – that's over 10 years in the future.
Topical updates. The London Metal Exchange action plan. The LME Group launched market consultations as part of our 'Strengthening the market action plan'. These proposals are designed to bring greater visibility of unwarranted metal stocks and enhance the Closing Price discovery process by expanding the use of VWAP in the LME's …
Open outcry trading is important for the LME because of its unique prompt date structure. There are up to 200 tradable dates per LME metal and open outcry is an efficient way of trading multiple dates. Ring trading runs concurrently with the LME's other platforms, LMEselect and the inter-office telephone market.
LME Clear provides clearing and settlement services for users of the London Metal Exchange on all Ring, electronic and telephone trades. ... LME reference prices ... The 15-minute delayed data covers the first six months for aluminium, copper, zinc, lead and tin. Prices are shown in USD Data valid for 16 Sep 2024 Metals; Trading; Clearing;
LME Tin; LME Aluminium Alloy; LME NASAAC; LME Aluminium Premiums; LME Alumina (Platts) ... LME Clear provides clearing and settlement services for users of the London Metal Exchange on all Ring, electronic and telephone trades. ... LME reference prices Back LME reference prices. Find out more about LME's reference prices. ...
Opening with the LME Metals Seminar on Monday 30 September 2024 in London which unites professionals from across the entire metals supply chain to explore current market trends, anticipate the year ahead, and connect with industry peers, LME Week continues with the LME Dinner on Tuesday 1 October.
We provide the metal community with trusted global reference prices and a market of last resort.
LME Tin; LME Aluminium Alloy; LME NASAAC; LME Aluminium Premiums; LME Alumina (Platts) ... LME Clear provides clearing and settlement services for users of the London Metal Exchange on all Ring, electronic and telephone trades. ... LME reference prices Back LME reference prices. Find out more about LME's reference prices. ...
The LME Rulebook sets out the rules and regulations of the London Metal Exchange. The LME is embarking on a programme of work to fully rebuild its electronic trading platform, LMEselect. Clearing
London Metal Exchange pricing "LME setting the global standard" The London Metal Exchange was founded in the year 1877, but has a history from the year 1571. LME is now the world's leading market for non-ferrous metals. LME prices are very important for companies who trade in these metals.
Benchmark three-month tin on the London Metal Exchange (LME) rose 1.8% to $31,730 per metric ton by 0649 GMT, hitting the highest since January 2023. The …
LME Tin; LME Aluminium Alloy; LME NASAAC; LME Aluminium Premiums; LME Alumina (Platts) ... The LME Rulebook sets out the rules and regulations of the London Metal Exchange. ... Participants can …
LME Tin; LME Aluminium Alloy; LME NASAAC; LME Aluminium Premiums; LME Alumina (Platts) ... The LME Rulebook sets out the rules and regulations of the London Metal Exchange. ... it resolved to set the price at which LME Holdings Limited will issue B shares (if required) to £72 per B share. This price will be in respect of issues of B shares ...
Tin prices and spreads extended their sharp gains on the London Metal Exchange (LME) on Thursday in the wake of a large position taken by one party, fund buying and worries about supply.
Similarly, 15 or 27 months prices represent the price agreed for delivery 15 or 27 months forward from that point in time. More information on our prompt date structure can be found in our "A Detailed Guide to the London Metal Exchange". Guide to the London Metal Exchange (PDF)
As per notice 22/092 where an Official Price or a Closing Price is affected by a Disruption Event, the LME will publish these Disrupted Official Prices and Disrupted Closing Prices on the LME's systems (including LME.com) and on its market data feeds.However, such disrupted prices shall not formally constitute Official Prices and Closing Prices for the …
The LME cash-settled futures range allows participants to trade monthly prompts out to 15 months against market leading price-reporting agency settlement prices. All LME contracts are traded in lots - which vary in size from 1 to 50 metric tonnes depending on contract type and the underlying metal - and are priced in US dollars.