LMEselect - gold and silver futures (per leg, per side, per lot) |
Contract Type |
Prompt date |
Trading (USD) |
Clearing1(USD) |
Total (USD) |
House2 |
TOM or Spot |
0.28 |
0.12 |
0.40 |
TOM/next or Spot/T+3 carry |
0.005 |
0.005 |
0.01 |
Monthlies, all other dailies and quarterlies |
0.35 |
0.15 |
0.50 |
Client |
TOM or Spot |
0.62 |
0.28 |
0.90 |
TOM/next or Spot/T+3 carry |
0.005 |
0.005 |
0.01 |
Monthlies, all other dailies and quarterlies |
0.62 |
0.28 |
0.90 |
Inter-office market - gold and silver futures (per leg, per side, per lot) |
Contract Type |
Prompt date |
Trading (USD) |
Clearing1(USD) |
Total (USD) |
House2 |
TOM or Spot |
0.21 |
0.09 |
0.30 |
TOM/next or Spot/T+3 carry |
0.005 |
0.005 |
0.01 |
Monthlies, all other dailies and quarterlies |
0.26 |
0.12 |
0.38 |
Give up clearer post-trade function |
0.31 |
0.14 |
0.45 |
All other post-trade functions3 |
0.03 |
0.02 |
0.05 |
Client |
TOM or Spot |
0.47 |
0.21 |
0.68 |
TOM/next or Spot/T+3 carry |
0.005 |
0.005 |
0.01 |
Monthlies, all other dailies and quarterlies
|
0.47 |
0.21 |
0.68 |
All other post-trade functions3 |
0.03 |
0.02 |
0.05 |
LMEprecious service subscriptions4 |
Fees (USD) |
LMEprecious General Clearing Member |
20,000 |
LMEprecious Individual Clearing Member |
10,000 |
LMEprecious Non-Clearing Member |
- |
1 Clearing fees are payable to LME Clear.
2 House fees apply to the house business for all LMEprecious memberships which includes LMEprecious General Clearing Memberships (GCMs), LMEprecious Individual Clearing Membership (ICMs) and LMEprecious Non-Clearing Memberships (NCMs). House fees also apply to trading in LMEprecious Contracts undertaken by affiliates of LMEprecious clearing members (GCMs and ICMs). An “affiliate” shall mean, in relation to an entity, any subsidiary or ultimate holding company of that entity and any other subsidiary of that ultimate holding company. A company is a “subsidiary” of another company, its “holding company”, if that other company holds directly or indirectly 50% more of the voting rights in the company and / or exercises effective control over it. Affiliates of LMEprecious GCMs or ICMs wishing to benefit from House fees must contact Relationship Management at rm@lme.com to demonstrate the entity meets the definition of an affiliate as set out above.
3 Including give-up executor trades, reversal / corrections, OTC bring ons and position transfers.
4 LMEprecious subscription fees have been waived until end December 2018.