This Notice informs Members and other market participants of updates to the “Single Prompt Accountability Levels” and the “All Prompt Accountability Levels” for Copper and Tin, pursuant to paragraph 58 of the Policy Relating to Position Management Arrangements (the “Policy”). 2. These updates follow a review of the Accountability Levels and shall come into effect from 21 October 2024. The LME notes that it is continuing to review the methodology for the calculation of the Accountability Levels more broadly as part of the initiatives set out in the Action Plan to Strengthen the LME Group’s Markets1, and may in due course make further revisions to the Accountability Levels as a result.
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LME: Policy Relating To Position Management Arrangements Update Of Accountability Levels
Date 14/10/2024
