LME Lead

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Lead futures
Exchange LME
Settlement Physically delivered
Contract Size 25 tonnes (with a tolerance of +/- 2%)
Pricing Unit US dollars per tonne
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 Daily: out to 3 months

Weekly: 3 out to 6 months Monthly: 7 out to 63 months

Last Trading Day Up until the close of the first Ring the day before the prompt date
  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
 
Lead options
Trade Unit One futures contract
Point Value $0.01 per tonne
Tick Value $0.01 per tonne
Option Months Monthly out to 15 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
  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

Resources

LME Lead Contract Specifications

Last modified on 2 December 2019, at 16:46