London, Nov. 19: LCH Clearnet who takes charge of contract clearance of LME said they will adjust the Contract Security deposit of NASAC, Nickel and Zinc. These adjust take effect from Nov. 20.
Following are old and new contract margins:
Following are old and new contract margins:
Metal | New Margins ($/lot) | Previous Margins | lot size |
Aluminium Ally | 1,200 | 1,200 | 20 |
Aluminium | 3,050 | 3,050 | 25 |
Copper | 12,500 | 12,500 | 25 |
Lead | 10,000 | 10,000 | 25 |
NASAAC | 1,840 | 1,940 | 20 |
Nickel | 21,000 | 24,348 | 6 |
Tin | 5,000 | 5,000 | 5 |
Zinc | 6,750 | 8,300 | 25 |