Prices for the Fastmarkets MB Aluminium P1020A in-warehouse Rotterdam duty-unpaid premium assessment are generally published according to the UK holiday schedule, please refer directly to the provider for the latest information on any amendments or changes.
| Contract code | EA | ||
| Contract type | Futures | ||
| Deliver type | Cash-settled | ||
| Lot size | 25 metric tonnes | ||
| Contract period |
Monthly prompts out to 15 months | ||
| Price quotation | US dollars per metric tonne | ||
| Clearable currency | USD | ||
| Minimum price fluctuation | Venue |
Outright | Carries |
| LMEselect | $0.50 | $0.01 | |
| Telephone | $0.01 | $0.01 | |
| Termination of trading | Last LME business day of the contract month | ||
| Daily settlement procedure | LME Trading Operations will calculate daily settlement values based on its published procedure | ||
| Final settlement price published by the LME | Last trading day | ||
| Final settlement procedure1 | Final settlement, following termination of the trading for a contract month, will be based on the reported arithmetic monthly average of the Fastmarkets MB Aluminium P1020A in-warehouse Rotterdam duty-unpaid premium assessment which is available from 16:00 London time on the last trading day | ||
| Trading venues | LMEselect and inter-office telephone | ||
| Trading hours | LMEselect | 01.00 - 19.00 London time | |
| Inter-office telephone | 24 hours a day | ||
| Margining | Realised variation margins applied | ||
1 In certain circumstances, the cash-settled futures Index that is used as the Final Settlement Price for this cash-settled future may be known before the last trading date/time. In these circumstances, it will be possible for market participants to enter bids and offers, and to trade, in this cash-settled future on LMEselect and in the inter-office market on the basis of a known price. The Exchange shall not accept any liability for any losses that a market participant may incur as a result of trading activity conducted in these circumstances.
More information
For full contract specification details, please refer to the LME Rulebook and our disclaimer page:
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