HKEX News Events Education Contact us Account METALS TRADING CLEARING MARKET DATA PHYSICAL SERVICES Search the LME Home Trading Contract types Futures Contract types CONTRACT TYPES Futures RELATED Options TAPOS Monthly Average Futures Trade at settlement HKEX London Minis LMEminis 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. Unique 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 Aluminium LME Copper LME Zinc LME Lead LME Nickel LME Tin 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 Contact us For further information please get in touch. Contact us Resources Key Information Documents WANT TO LEARN MORE? The Hedging with LME futures one day course offers an unparalleled opportunity to learn directly from the LME on how best to use LME futures in order to benefit your business. View course LMEpassport, a key component of the LME’s drive for a more sustainable future, is a new system that does away with paper certificates of analysis and provides the market with a new voluntary register of a metal’s sustainability credentials. Find out more STAY UP TO DATE Register with LME.com Receive full access to all our price data and gain access to our monthly LME newsletter, packed with market tips and insights from our on-staff specialists. Register now Metals Trading Clearing Market data Physical services About About the LME Committees Governance Corporate Business continuity FAQs Regulation LME Rulebook (Download) LME Clear Rulebook (Download) Guide to market structure (Download) Market regulation Benchmark regulation Pre-trade transparency Brexit Rules Arbitration Responsibility Responsible sourcing Sustainability Conduct Diversity and inclusion Charity Corporate disclosure CONTACT US London +44 (0)207113 8888 10 Finsbury Square London EC2A 1AJ Singapore +65 6535 5035 9 Battery Road #07-02 MYP Centre Raffles Place Singapore 049910 Register Log in Legal Privacy statement Cookie policy Modern slavery statement Website T&C's Email disclaimer Cyber security awareness © 2021 The London Metal Exchange - an HKEX Company. All rights reserved.