London copper is also called LME copper (LME is short for London Futures Exchange).

LME is the largest copper futures trading market in the world, with trading varieties including copper, aluminum, lead, zinc, nickel and aluminum alloy. Copper futures trading started at 1877.

The difference between LME and other exchanges is that the LME three-month futures contract is a continuous contract, so it is delivered every day. In addition, LME has no price limit.

Exchange: LME London Metal Exchange

Minimum fluctuation: 0.25 point =6.25 USD (0.5 USD/ton)

Trading time (Beijing time): 8: 00 am to 2:00 am (delayed for one hour in winter).

Contract value: 25 tons

Quotation unit: USD/ton

First-hand deposit for opening positions:13,000 USD.

Transaction month: consecutive months, March, June, September,1February.

Product code: CA

Ups and downs: there is no limit to ups and downs.

Information needed to open an account

(1) Account opening contract in duplicate (you can contact me for it).

(2) Customer agreement (external futures)

(3) Customer ID card, address certificate and bank card.

Account opening process

(1) According to the regulations of the Hong Kong Securities Regulatory Commission, you need to leave a signature image to confirm the account opening. Therefore, when opening an account, you need to make a video and fill in the comprehensive account opening form contract in duplicate, with 4 pages in total: P 1, P2, P5, P9 and P9.

(2) Two completed contracts;

Sign the front and back of ID card, proof of address and copy of bank card respectively;

Express the above information to China Eastern Airlines Shanghai, and you can choose cash on delivery. Scan files are transmitted to Shanghai customer service synchronously.

(3) Received a risk control call from a Hong Kong trader.

(4) The customer received 1 email confirming the success of account opening, including the deposit account number, trading account number and trading password of ICBC Asia. Customers can apply for deposits.