Core Viewpoint - The London Metal Exchange (LME) has announced new position management rules to comply with the Financial Conduct Authority (FCA) regulations regarding position limits in the commodities market, effective from July 6, 2026 [1] Group 1: New Rules Implementation - The responsibility for setting and managing position limits, exemptions, and other position management controls will shift from the FCA to the LME starting July 6, 2026 [1] - The new rules will apply to "key contracts" which include core futures contracts such as aluminum, copper, lead, nickel, tin, and zinc, as well as "related contracts" including options, TAPO, and settlement trading contracts [1] Group 2: Objectives and Future Plans - The new position management rules aim to enhance the LME's ability to directly calibrate and manage limits, ensuring that limits remain appropriate and responsive to market dynamics [1] - The LME plans to release a consultation document in February 2026 regarding proposed changes to the rules to align with the new regulatory framework [1]
LME计划2026年7月6日起对关键合约及相关合约实行持仓限额
Xin Hua Cai Jing·2025-12-15 15:09