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As part of its collateral service, members are able to pledge LME Warrants as collateral against their margin requirements. This is a unique offering from LME Clear - the clearing house purpose-built for the metals market

Members wishing to post non-cash collateral including warrants are required to sign additional documentation. Certain formalities (including registration of security interests) may apply before non-cash collateral is accepted. LME Clear will only accept non-cash collateral from Members where it is satisfied that the arrangements are enforceable without delay in the event of a member default. Members should note there is a lead time to posting warrants as collateral due to the requirement to obtain legal advice as to the enforceability of the arrangements in the relevant jurisdiction(s).

Overview

LMEmercury and LMEsword

Margin requirements 

Fees,haircuts and warehouse rents