Difference between revisions of "LME LMEX"

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(References)
 
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|ctype    = Financial <!-- Type of commodity, e.g. Agricultural, Financial, Weather, Emissions -->
 
|ctype    = Financial <!-- Type of commodity, e.g. Agricultural, Financial, Weather, Emissions -->
 
|settle  = C <!-- C for cash settled, B for both cash and physical, P or leave blank for physical -->
 
|settle  = C <!-- C for cash settled, B for both cash and physical, P or leave blank for physical -->
|months  =  <!-- Contract months traded -->
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|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<!-- Contract months traded -->
 
|fnd      =  <!-- Rules for determining First Notice Date, or blank if none -->
 
|fnd      =  <!-- Rules for determining First Notice Date, or blank if none -->
 
|ltd      = 17:00 (London time) second Wednesday of the settlement month <!-- Rules for determining Last Trading Day -->
 
|ltd      = 17:00 (London time) second Wednesday of the settlement month <!-- Rules for determining Last Trading Day -->
 
|unit    =  $10 per index point; 1000 points <!-- Unit of commodity in contract, e.g. 50,000 pounds -->
 
|unit    =  $10 per index point; 1000 points <!-- Unit of commodity in contract, e.g. 50,000 pounds -->
 
|ptdesc  =  <!-- Description of one contract point, e.g. 0.0001 cents per pound -->
 
|ptdesc  =  <!-- Description of one contract point, e.g. 0.0001 cents per pound -->
|ptval    =  <!-- Dollar (or other currency) value of a single contract point -->
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|ptval    =  $0.25; $0.01 for a carry<!-- Dollar (or other currency) value of a single contract point -->
 
|tickPt  =  <!-- Number of points per trading tick, eg 2.5 -->
 
|tickPt  =  <!-- Number of points per trading tick, eg 2.5 -->
 
|tickVal  = 0.1 index point <!-- Dollar (or other currency) amount of trading tick -->
 
|tickVal  = 0.1 index point <!-- Dollar (or other currency) amount of trading tick -->
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|elSym    =  <!-- Ticker symbol for electronic platform; leave blank if none -->
 
|elSym    =  <!-- Ticker symbol for electronic platform; leave blank if none -->
 
|outcry  = Y <!-- Y if an open outcry session exists for trading; leave blank if electronic only -->
 
|outcry  = Y <!-- Y if an open outcry session exists for trading; leave blank if electronic only -->
|ooHours  = 11:45 to 17:00 hours, London Time <!-- Open outcry trading hours; leave blank if none -->
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|ooHours  = <!-- Open outcry trading hours; leave blank if none -->
 
|ooLimit  =  <!-- Price limits on open outcry trading session; leave blank if none -->
 
|ooLimit  =  <!-- Price limits on open outcry trading session; leave blank if none -->
 
|ooSym    =  <!-- Ticker symbol for open outcry session; leave blank if none -->
 
|ooSym    =  <!-- Ticker symbol for open outcry session; leave blank if none -->
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<!-- The following section is for option data -- leave blank if options are not relevant -->
 
<!-- The following section is for option data -- leave blank if options are not relevant -->
 
|oed      =  <!-- Rules for determining Option Expiration Day -->
 
|oed      =  <!-- Rules for determining Option Expiration Day -->
|options  = x <!-- Any value if option data is being provided -->
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|options  = <!-- Any value if option data is being provided -->
 
|opUnit    =  <!-- Trade unit -- leave blank unless it's something other than "One futures contract" -->
 
|opUnit    =  <!-- Trade unit -- leave blank unless it's something other than "One futures contract" -->
 
|opMonths  =  <!-- List of option months -->
 
|opMonths  =  <!-- List of option months -->
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|opExercise= European <!-- Exercise style, American, European or leave blank if not relevant -->
 
|opExercise= European <!-- Exercise style, American, European or leave blank if not relevant -->
 
|opElect  = x <!-- Any value if electronic trading is used -->
 
|opElect  = x <!-- Any value if electronic trading is used -->
|opEHours  = 01:00 to 19:00 hours, London Time <!-- trading hours for electronic platform; leave blank if none -->
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|opEHours  = <!-- trading hours for electronic platform; leave blank if none -->
 
|opELimit  =  <!-- Daily price limit for electronic platform; leave blank if none -->
 
|opELimit  =  <!-- Daily price limit for electronic platform; leave blank if none -->
 
|opESym    =  <!-- Ticker symbol for electronic session -->
 
|opESym    =  <!-- Ticker symbol for electronic session -->
 
|opOutcry  = x <!-- Any value if open outcry is used -->
 
|opOutcry  = x <!-- Any value if open outcry is used -->
|opOHours  = 11:45 to 17:00 hours, London Time <!-- trading hours for open outcry session; leave blank if none -->
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|opOHours  = <!-- trading hours for open outcry session; leave blank if none -->
 
|opOLimit  =  <!-- Daily price limit for open outcry session; leave blank if none -->
 
|opOLimit  =  <!-- Daily price limit for open outcry session; leave blank if none -->
 
|opOSym    =  <!-- Ticker symbol for open outcry session -->
 
|opOSym    =  <!-- Ticker symbol for open outcry session -->
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== References ==
 
== References ==
  
[http://www.lme.com/lmex_contractspec.asp LME LMEX Contract Specifications]
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[https://www.lme.com/en-GB/Trading/Contract-types/LMEX#tabIndex=0 LME LMEX Contract Specifications]
 
<references />
 
<references />
 
[[Category:LME]]
 
[[Category:LME]]

Latest revision as of 13:35, 13 July 2018

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.