Aluminum Futures (ALI)

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CME Group’s new physical Aluminum Futures contract (ALI) addresses challenges and opportunities facing the aluminum industry, including commercial clients and merchant traders. ALI offers the ability to deliver or take delivery of Primary Aluminum T-Bars, Sows, and Ingots in a timely, transparent, and efficient fashion at CME Group registered and regulated facilities. Designed with input from the industry, this contract will offer a sustainable, liquid and cost competitive vehicle to manage risk for commercial users’ price exposure.

ALI trades on CME Globex, the foremost global electronic trading system for futures and options with true intraday-pricing transparency. Cleared OTC trades can be executed on CME ClearPort. Both CME Globex and CME ClearPort may be accessed via CME Direct, our free execution platform. To view clearing and trading fees, click here.

Benefits

  • Simple monthly futures contract
  • True intraday price and spread transparency across the futures curve
  • Security through centralized clearing, guaranteed counterparty credit and segregation of customer funds through CME Clearing
  • Daily mark-to-market of positions
  • Accessible on CME Globex, Open Outcry, and for submission for clearing through CME ClearPort

OpenMarkets Aluminum Series

In this OpenMarkets series, industry experts discuss the outlook for the aluminum market.

Other series interviews: