LME NASAAC

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NASSAC futures
Exchange	LME
Settlement	Physically delivered
Trade Unit	20 tons (with a tolerance of +/- 2%)
Point Value	Need point value!
Tick Value	Ring - Outright $0.50, Carries $0.01 LME Select - Outright $0.25, Carries $0.01 Inter-office - Outright/Carries $0.01
Contract Months	Need contract months!
Last Trading Day	Need LTD rules!
	Open Outcry	Electronic
Trading Hours	11:45 to 17:00 hours, London Time	01:00 to 19:00 hours, London Time
Ticker Symbol	N/A	N/A
Price Limits	N/A	N/A

NASSAC options
Trade Unit	One futures contract
Point Value	Need point value!
Tick Value	Need tick value!
Option Months	Need option months!
Strike Prices	$25 gradations for strikes from US$25 to US$3975 $50 gradations for strikes form US$4000 to US$7950 $100 gradations for all strikes over $US8000
Option Expiration Day	Need OED rules!
	Open Outcry	Electronic
Trading Hours	11:45 to 17:00 hours, London Time	01:00 to 19:00 hours, London Time
Ticker Symbol	N/A	N/A
Price Limits	N/A	N/A

Notes

The NASAAC (North American Special Aluminium Alloy Contract) is an aluminium alloy contract that reflects the production and consumption of aluminium in North America. The contract was created in November 2001..^[1]