Please see our list of presentations and documents relating to the LME Risk Management and Default Procedures.
Risk management overview
Margin Collateral FrameworkCredit Risk Assessment Framework
LME Clear FSB continuity of access to FMIs
Default management
This document describes the processes LME Clear will follow during a default and contains key information for both clearing members and clients.
Member and Client Default Management Framework
Disclosure
LME Clear Disclosure under EMIR Art.39 (7)
LME Clear CPMI IOSCO Disclosure Document 2020
FAQ
Summary of frequently asked questions.
Margin calculations
This document describes how SPAN is used to calculate portfolio risk for options and futures. It also provides the format of the SPAN risk parameter file.
("SPAN" is a registered trademark of Chicago Mercantile Exchange Inc., used here under license. Chicago Mercantile Exchange Inc. assumes no liability in connection with the use of SPAN by any person or entity).
SPAN Initial Margin Calculation
Example calculations on initial margin for LME Base contracts
LME Base Metal Margin Calculation
Example calculations on initial margin for LMEprecious contracts
Contact us
For further information please get in touch.
Contact us