LME Rules definition

LME Rules means the LME rulebook and any administrative procedures (as defined in the LME rulebook);
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LME Rules means the rules and regulations of the LME and includes the LMEsword Regulations, the LME Special Contract Rules and the LME Lending Guidance;
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LME Rules means the Rules & Regulations of the London Metal Exchange, as published by the LME from time to time.
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Examples of LME Rules in a sentence

  • Access requirements for prospective LME participants are set out in Part 2 of the LME Rules.

  • Pursuant to the LME Rules & Regulations, only Category 1, 2, 3 and 4 members may have direct access to LMEselect and LMEsmart.

  • A premium or discount may apply to certain products for delivery purposes, refer to LME Rules and Regulations for applicable products and premium/discount rates.

  • A deliverable warrant must meet the acceptance criteria set out in the LME special contract rules for metals, listed brands and LME Registered Warehouses prescribed in the LME Rules and Regulations.

  • For the avoidance of any doubt, failure to comply with any of the conditions set out in this Policy shall constitute a breach of the LME Rules and disciplinary proceedings may be commenced against the Member concerned.

  • Members must inform LME immediately of any variation, cancellation or permission to carry on a regulated activity (regulation 4.3 of Part 2 of the LME Rules).

  • Where invoicing back of an LME Service Clearing Member’s open contracts is to be performed according to the provisions of the Regulations or the LME Rules andRegulations, the Clearing House will produce the appropriate invoice(s) and credit note(s).

  • Settlement payments for differences between the contract price and the Settlement Price will be made via PPS and debited/credited to the relevant account of the relevant LME Service Clearing Member on the business day following publication of the Settlement Price or in accordance with the LME Rules and Regulations.

  • The LME Rules and Regulations define which traded option series will be subject to automatic exercise at expiry.

  • The outcome of disciplinary proceedings may be notified to the relevant parties (Regulation 11.42 to 11.45 of Part 2 of the LME Rules).

Related to LME Rules

  • the Rules means the Insolvency Rules 1986 (as amended);

  • SIFT Rules means the provisions of the Income Tax Act providing for a tax on certain income earned by a “SIFT trust” or “SIFT partnership” as those terms are defined in the Income Tax Act.

  • School Rules means the rules of the School, a copy of the current version of which is provided to each child on entry and is sent to parents with the letter offering a place at the School, as those rules may be amended from time to time for legal, safety or other substantive reasons or in order to assist the proper administration of the School. Parents will be given notice of such amendments;

  • Stock Exchange Rules means the applicable rules of any stock exchange upon which Shares are listed;