London Metal Exchange - The world centre for non-ferrous metal trading London Metal Exchange - The world centre for non-ferrous metal trading London Metal Exchange - The world centre for non-ferrous metal trading
contact us
London Metal Exchange - The world centre for non-ferrous metal trading
Site map
London Metal Exchange - The world centre for non-ferrous metal trading
Your questions
London Metal Exchange - The world centre for non-ferrous metal trading
Browse our site
ABOUT THE LME
LME SERVICES
NON-FERROUS METALS
MINOR METALS
STEEL
PLASTICS
MARKET DATA
EDUCATION

MEDIA & EVENTS
Press room
Events
Ringsider
Useful links
Downloads
Visit the LME

Glossary
ONLINE STORE
Print this page
 
Glossary

CAPS - Cleared Average Price Swaps
CAPS contracts are a monthly Cleared Average Price Swaps, matched by the LME and settled in cash against the Exchange’s underlying non-ferrous metals contract average prices. CAPS are cleared by LCH.ClearNet

Other related content:

BACK

 
Search this site
Legal disclaimer  Terms & Conditions  Contact us  Glossary Your questions  Site map
London Metal Exchange
©The London Metal Exchange Limited 2003 - 2010, All rights reserved.
56 Leadenhall Street, London, EC3A 2DX, UK

Tel: +44 (0)20 7264 5555  Fax: +44 (0)20 7680 0505