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Rights Issue and Shortfall
LCH.Clearnet Raises LME Nickel, Lead, Zinc, Tin Margins
Aug. 15, 2011 03:41AM PST
Tin InvestingPlatts reports LCH.Clearnet is raising its margin rates for the LME’s nickel, lead, zinc and tin contracts August 16.
Platts reports LCH.Clearnet is raising its margin rates for the LME’s nickel, lead, zinc and tin contracts August 16.
The market news is quoted as saying,
After consultation with LME, the scanning range for nickel will be raised to $2,500/mt from the previous $2,400/mt; for lead it will rise $290/mt, up from $250/mt; for zinc to $245/mt from $210/mt; and for tin to $2,600/mt from $2,100/mt.
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