LME Aluminum, Cobalt, Tin Margins to Change, LCH Clearnet Says
By Agnieszka Troszkiewicz -
2011-04-15T16:26:05Z
Margins will fall for aluminum and cobalt traded on the London Metal Exchange and rise for tin, LCH Clearnet Ltd. said.
Margins for high-grade aluminum will drop to $155 a metric ton from $165, and cobalt margins will decline to $3,000 a ton from $3,400, the clearing house said today on its website. Margins for tin will increase to $2,100 a ton from $1,900. The changes take effect after trading ends on April 20, said LCH Clearnet, Europe’s biggest clearing house.
To contact the reporter on this story: Agnieszka Troszkiewicz in London at atroszkiewic@bloomberg.net
To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net
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