New aluminium premium, steel scrap and steel rebar contracts to go live
The London Metal Exchange’s
clearing house LME Clear said it will on November 23 launch
trade compression, a new service designed to simplify portfolio
management and increase capital efficiencies for members.
LME Clear’s new service is
being introduced to allow members to compress contracts,
"reducing the overall notional value and line items of their
portfolio without altering its risk profile. In some cases, LME
Clear’s new compression service could reduce the
notional value of a member’s positions by as much
as 90%," a spokeswoman told FOW.
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.