Recent content by Laughing Boy

City Trader Sorry, I didn't think I'd described a new settlement system for past 3 months - not quite sure what you mean. But nothing in this respect has changed as far as I know.

Interpolation would get you pretty close, but generally if you can't get quotes for the prompts you've traded then I wouldn't trade them, in which case I'd trade COMEX instead as Oatman suggests. Good luck.

Hi Well, I'm nor sure what prompt dates your broker is offering you but the LME is a daily market - so even beyond 3 months you trade days. So for eg LECU (Grade A copper) prompt dates are as folows: Every day for first 3 months Every Wednesday for months 3 to 6 Every 3rd Wednesday for months 7...

It's not a forwards market (like bullion & FX) - I assume you are referring to the fact that if you close out a futures position you don't receive (or pay) the P&L until the prompt date - the broker would keep a 'forward' ledger. The LME is virtually unique in this respect. Anyway, yes a lot of...