LME LMEX

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Contract Information

The London Metal Exchange index contract, comprising the six LME primary metals; aluminium, copper, lead, nickel, tin and zinc.

The LMEX contract provides one single liquid reference point that tracks the performance of the world’s most traded non-ferrous base metals contracts.[1].


LMEX futures
Exchange LME
Settlement Cash settled
Contract Size $10 per index point; 1000 points
Pricing Unit $0.25; $0.01 for a carry
Tick Value 0.1 index point
Contract Months Monthly for twelve months, unless the contract is made after the last trading time (see settlement basis below) for the calendar month on which the contract is made, in which case, eleven months
Last Trading Day 17:00 (London time) second Wednesday of the settlement month
  Open Outcry Electronic
Trading Hours N/A 01:00 to 19:00 hours, London Time
Ticker Symbol N/A N/A
Price Limits N/A N/A

Notes

References

LME LMEX Contract Specifications

  1. Official LME Website. London Metal Exchange.