LME futures provide members of the metal and investment communities with the unparalleled opportunity to transfer and take on price risk.
A futures contract is the obligation to buy or sell a standard quantity of a specified asset (metal) on a set date, at a fixed price agreed today.
Our futures are unique and designed to mirror physical trading. Our prompt date structure enables participants to buy and sell futures daily out to three months, weekly out to six months and monthly up to ten years.
Settlement and clearing
Futures that are not ‘closed out’ by an opposite sale or purchase are physically settled. All LME futures are settled on the prompt date with initial and variation margins called during the term of a contract.
Featured contract specifications
LME Steel Scrap CFR Turkey (Platts)
LME Steel Rebar FOB Turkey (Platts)
LME Lithium Hydroxide
LME Steel HRC FOB China
LME Steel HRC N. America
LME Steel HRC HRC NW Europe
want to learn more?
The Introduction to the LME and Hedging course gives you a comprehensive overview of the services offered by the London Metal Exchange and LME Clear and how they can enhance your organisation's price risk management strategies.
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