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LME Adjust NASAAC, Nickel and Zinc Contract Margins

Tuesday, Nov 20, 2007
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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:
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

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