What are LMEminis?
LMEminis are cash-settled monthly contracts, in smaller tonnages than standard LME contracts, and traded electronically, via LME Select, and on the exchange's 24-hour telephone market. LMEminis will not trade in the LME 'Ring', the exchange's open-outcry trading forum. As a product they are very like other commodity futures contracts traded on many exchanges around the world:
nAvailable, initially, for copper (grade A), primary aluminium and special high-grade zinc.
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