皇冠信用网怎么开户

TAPOs

Traded Average Price Options (TAPOs) give the metal community a flexible way of hedging exposures to average metals prices.

This is particularly useful because a large proportion of physical contracts are negotiated on the basis of average prices over particular time periods.

TAPOs are financially settled Asian options, whose payoff depends on the Monthly Average Settlement Price (MASP) for the contract month.

The LME is a wholesale market offering products designed for institutional investors and for those wishing to hedge their exposure to fluctuations in metals prices. The LME is subject to the obligations of the Packaged Retail and Insurance-Based Investment Products Regulations and has Prepared Key Information Documents in relation to its Futures and Options contracts.