LMEminis contract specifications

LME Zinc

LMEminis are small-sized, cash settled monthly futures contracts.

Contract code  MZ 
Underlying metal  Special high-grade zinc of 99.995% purity (minimum) 
Lot size 5 tonnes
Prompt date Third Wednesday of each maturity month, subject to trading regulations
Maturity months Monthly out to for 12 months
Price quotation US dollars
Clearable currency US dollar, Japanese yen, pound sterling, euro
Last trading time By 12.30 two business days before the third Wednesday of the contract month trading in the expiring contract
Daily price limit None
Position limit None
Minimum price fluctuation (tick size) - Outright - $0.50
- Carries - $0.01
Settlement type Cash settled on the last trading day basis the Official Cash Settlement Price determined for the prompt date for the relevant underlying metal
Trading venues LMEselect and inter-office telephone

 

LME Zinc contract specifications

This is a summary of the contract specifications. For full contract specification details, please refer to the LME Rulebook and for other information, please refer to our disclaimer page. 

Note that all contracts are subject to the LME’s rules and regulations and LME Clear span margining.