HKEX London Metal Minis

HKEX London Metal Minis are contracts designed to meet the needs of Asian participants who want to mitigate or take on metal price risk using CNH or US dollar denominated futures. Traded on the HKEX derivatives platform, the small-lot contracts are available in six base metals: aluminium, zinc, copper, nickel, tin and lead.

Highlights

Traded and priced in CNH or US dollars
Small lot size, monthly contracts
Cash settled against LME "parent" contract Official Settlement Price
Available in six metals - aluminium, zinc, copper, nickel, tin and lead
Traded on HKEX derivatives platform.

New USD London Metal Minis

To complement the existing CNH suite, on 5 August 2019 HKEX introduced six US dollar-denominated HKEX London Metal Minis.  These new contracts provide additional options for investors with exposure to base metals denominated in US dollars in the Asian time zone and complement HKEX’s existing CNH futures products.

Find out more about USD London Metal Minis including contract specifications
 
The CNH London Metal Mini contracts are designed to match Chinese physical market stakeholders’ exposure to commodities contracts priced in renminbi (RMB), establishing RMB pricing of metals during Asian trading hours and offering arbitrage opportunities with other commodities exchanges.

Find out more about CNH London Metal Minis including contract specifications


Reciprocal membership arrangement

To facilitate participation from LME members and their clients, Hong Kong Futures Exchange (HKFE) has reintroduced a reciprocal membership arrangement (RMA) in conjunction with the LME. 

Under this reciprocal arrangement, the LME and HKFE will waive their respective first year’s annual subscription and application processing fees for new applicants who already hold a membership or participantship at either one of the Exchanges. 

Find out more about the LME HKFE reciprocal membership arrangement


Contact us

For further information please email our HKEX commodities team.