CME Group's new Lead futures contract (LED) addresses challenges and opportunities facing the lead industry, including commercial clients and merchant traders.
Our new physically-delivered COMEX Lead futures contract (LED) is designed to meet the needs of the evolving lead marketplace and builds on the long history of our benchmark physically-delivered futures contracts. Designed with input from the industry, this contract will offer a sustainable, liquid, and cost-competitive vehicle to manage price risk for the whole lead value chain.
This contract allows the market the ability to deliver or take delivery of lead ingots in a timely, transparent, and efficient fashion at CME Group-registered and regulated delivery points around the globe. Customers can easily execute electronic trades on CME Globex, the foremost global electronic trading system for futures and options with true intraday-pricing transparency. Cleared OTC trades can be submitted for clearing through CME ClearPort. Both CME Globex and CME ClearPort may be accessed via CME Direct, our free execution platform.
Bloomberg: LELA Comdty
Trading Technologies: LED