The new aluminium premium contracts are:
- LME Aluminium US Premium
- LME Aluminium West-Europe Premium
- LME Aluminium East-Asia Premium
- LME Aluminium South-East Asia Premium
Fee schedule
The following fee schedule will apply for the premium contracts after the aluminium queues in LME-approved warehouses have been reduced to 50 days or less, at which point the equivalence programme (see Market Maker programme tab) will end.
| Contract type | Category | Trading (USD) | Clearing (USD) | Total (USD) |
|---|---|---|---|---|
| Exchange | Ring/Kerb/Basis | 0.25 | 0.25 | 0.50 |
| Non-Ring | 0.65 | 0.25 | 0.90 | |
| Give-up | 0.25 | 0.25 | 0.50 | |
| Client | Short dated carries | n.a. | n.a. | n.a. |
| All other | 0.65 | 0.25 | 0.90 | |
| Option exercise/assignment | n.a. | n.a. | n.a. | |
| Cash settlement fee | n.a. | n.a. | n.a. | |
| Delivery fee | - | 0.35 | 0.35 | |
Notice 15/263 : A256 - New Products Update - Fee Schedules and Incentive Programmes (PDF)
Stay up to date
Register with LME.com
Receive full access to all our price data and gain access to our monthly LME newsletter, packed with market tips and insights from our on-staff specialists.