Metals
base metals
Base Metals are widely used in commercial and industrial application, and they play a key role in crucial fields such as construction and manufacturing.
FIS engages with a variety of clients from trade, fund producers and consumers to help them offset risks and provide the best available pricing. FIS offers coverage on all base metals contracts: Aluminium, Copper, Zinc, Nickel, Lead and Tin.
FIS has contributed to the development of these products, for example by sourcing liquidity on zinc and nickel futures and options contracts.
Video References: ISNG, International Lead and Zinc Study, Statista, GlobalData, FIS
battery metals
FIS has worked closely with the CME and Fastmarkets to offer cleared solutions for market participants – facilitating trading of the newly launched cleared battery metal futures contracts. Our diverse client base and strong data analysis has allowed us to successfully promote the contract to traders and producers alike. Since their launch in December 2020, FIS has dominated brokered market share in the cobalt space, and helped grow liquidity to establish this as the leading global battery-metal futures contact.
FIS continue to work closely with both Fastmarkets, CME and SGX, to successfully drive forward the CME-cleared lithium hydroxide contract, and the upcoming SGX-cleared battery metals suite. FIS has brokered the first Cobalt Hydroxide futures trade on CME and the first cleared CME Cobalt option trade.
aluminium Premiums
Aluminium Premium contracts are standard futures that are cash settled against monthly averages published by either Platts or Fast Markets. The premium contracts represent different geographical freight and supply/demand constraints in each region.
Roughly speaking the premiums on all contracts represent approximately 20-25% of the underlying value of aluminium, so the contracts were introduced to enable traders to hedge their basis risk on trading Aluminium in different geographic regions.
