Risk Warning: Financial trading in a leveraged product may result in losses that exceed your initial deposit. Leveraged trading is not suitable for everyone, so please ensure that you fully understand the risks involved prior to trading.
In addition to any commission that a broker may charge its clients the LME charges its members both a trading fee and a clearing fee. Trading is always done in the name of the member and if the member is trading for a client the trade is later crossed into the client name.
The above fees are member fees. When a member trades for a client the member is charged to register both sides of the trade and therefore doubling the per lot fee.
LMEselect is considered Non-Ring and therefore for electronic trading on the LME a client incurs exchange and clearing fees.
*Please note that these fees are quoted by the London Metal Exchange and may be subject to change. Exchange fee charging structure may vary between brokers.
This is the amount by which the ask price exceeds the bid price for a metal trade in the market.
This is the trade executed to adjust your three month trade to your prompt date.