- QUALITY STANDARDS
-
1. Primary aluminium with impurities no greater than the chemical composition of one of the registered designations:
a, P1020A in the North American and International Registration Record entitled “International Designations and Chemical Composition Limits for Unalloyed Aluminum” (revised March 2007)
b,Al99.70 in the GB/T 1196-2008 Standard entitled “Unalloyed aluminium ingots for remelting”
For warrants created up to and including 31 December 2009 primary aluminium of minimum 99.70% purity with maximum permissible iron content 0.20% and maximum permissible silicon content 0.10%.2. Delivereable under the shape of Ingots, t-bars, sows
3. All aluminium deliverable against LME contracts must be of an LME-approved brand
(A) P1020A in the North American and International Registration Record entitled “International Designations and Chemical Composition Limits for Unalloyed Aluminium” (revised March 2007)
Element
Composition, % maximum
Si
0.10
Fe
0.20
Zn
0.03
Ga
0.04
V
0.03
Others Each **
0.03
Others Total **
0.10
Aluminium
Remainder
** There is no requirement within the Specification to establish the composition values of any other specific element.
-
(B) GB/T 1196-2008 registered designation Al99.70 entitled “Unalloyed Aluminium Ingots for Remelting”
Element
Composition %
Al
99.70 minimum
Si
0.10 maximum
Fe
0.20 maximum
Zn
0.03 maximum
Ga
0.03 maximum
Cu
0.01 maximum
Mg
0.02 maximum
Others Each
0.03 maximum
Total of all Impurities
0.30 maximum
Warrants issued before 1 January 2010 could also conform to specification (C) below: -
(C) Primary Aluminium of Specification:
Element
Composition, % maximum
Si
0.10
Fe
0.20
Aluminium
99.70 % minimum
- CONTRACT SPECIFICATION
-
Trading Screen Product Name
Aluminum LME
Commodity Code
LALZ/ AHD
Contract Size
25 tons / lot
Price Quotation
USD / ton
Contrac Type
3-Month
Contract Series
Listed daily
Trading Hours
Monday - Friday
07:00 A.M - 01:00 A.M (the next day)Minimum Price Fluctuation
0.50 USD / ton
Maturity Day
90 days forward the listed day
Last Trading Day
One business day prior to Maturity Day
Margin
As MXV required
Position Limit
As MXV required
Price Limit
As MXV required
Settlement Method
Deliverable
Quality Standards
Standards are detailed below
Instructions for payment
Pay online via bank: Customers who open a transaction account at ALIA can make quick and convenient deposit/transfer via online banking with ALIA: Vietcombank. To pay, please fill in the transfer information with the following content:
Note: -Payment time starts from 7am, ends at 22h from Monday to Friday. Transactions after this time will be carried over to the next working day.
MSB Bank
|
Vietinbank
|
Withdrawal Instructions
1. Online withdrawal:
Investors log in to the management account provided on the ALIA website to submit a withdrawal request. Note that this is a management account, not a CQG account, please check your email with subject "Notice of successful trading account opening" from ALIA to receive login. Withdrawal requests include:
Trading Account wants to withdraw money from
Amount you want to withdraw
Bank account you want to withdraw money to
Or click here to be directed to Submit a Withdrawal Request.
NOTE:
Withdrawal time: 8:00-17:00 from Monday to Friday. Withdrawals made after this time will be processed the next business day.
VMEX will process immediately upon receiving the withdrawal request if the request is valid. The time it takes for the money to be withdrawn to the account is from 30-90 minutes, up to 36 hours depending on the banking system
2. Withdrawal via switchboard:
NOTE: In case of withdrawal via switchboard, investors are required to save the withdrawal request with signature at ALIA
Execution time:
From Monday to Friday except public holidays and New Year
Morning: From 8:30 a.m. to 11:30 a.m
Afternoon: From 13h00 to 15h00
Implementation steps:
Step 1: Call the switchboard from the registered phone number.
Step 2: Provide the trader with the account number, and account holder verification information.
Step 3: Submit the withdrawal request and confirm the request again.