LME Aluminum, Cobalt, Tin Margins to Change, LCH Clearnet Says
This article is for subscribers only.
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.