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Simple
LMEmini contracts are cash-settled futures. They are designed to appeal to market participants who want exposure to global metal prices, but prefer to trade monthly, cash settled contracts.
Credible benchmark
Because LMEminis are settled basis the LME Official Settlement Price and benefit from the liquidity of the parent contracts investors can be confident the price at settlement is reflective of global supply and demand as well as the production costs of the underlying metal.
Smaller
Traded in lots of 5 tonnes, they have been designed to be less capital intensive both in outlay and margin than their 25-tonne parent equivalents. This allows a wider range of investor involvement in the market.
Accessible
Its never been easier to access and trade the world’s most liquid industrial metals market as LME member firms, supported by a growing number of Independent Software Vendors, offer market access to electronic trading of LMEminis on LMEselect and the LME’s 24 hour telephone market.
Freedom
Unlike other futures exchanges and because of their link to LME's physically delivered contracts, the LME places no ceiling or floor on daily price movements nor do we stipulate position limits on LMEminis. This allows investors the freedom to trade against a price that is always available.
Solid foundations
LMEminis parent futures, LME Aluminium, LME Copper and LME Zinc are the Exchange’s most liquid and high-volume contracts, accounting for over 2 billion tonnes and well over $6 trillion traded on Exchange in 2010.
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