Fix prices for your formula deals during LME working hours, not your trading partner's working hours. 02:00 - 19:00 London Time.
Speed
Get the most relevant prices. Fix prices in seconds. No need to wait for your partners to answer calls or check WhatsApp, WeChat, or email.
Conveniance
Fix prices anytime, anywhere. All you need is a smartphone and an internet connection. Get smart notifications about important changes to always be up to speed.
Transparency
All the history of fixation and documents are in your ScrapEX account. Access 24/7.
Control
Fix price online, place GTC orders, or fix by official LME settlement - you decide.
How it works
Log In
Log In to your ScrapEX account
Find Contracts and Shipments
Find contracts and shipments(Containers) you want to fix the price for.
Fix Price
Fix price for the shipment in a few clicks:
Online
Place GTC order (Take profit)
Place LME official settlement order (OLME)
PriceFixer Demo
Live Price Fixing & GTC Order Placement
https://youtu.be/JhoUZYckdXE; How to fix price for your shipment at the current LME level; 1:27; Editor's note: With just a few simple steps, the price for your shipment is fixed. 1. Log in to your ScrapEX account. 2. Open your contract. 3. Click "Create group hedge". 4. Choose the Shipments (containers) from 1 to All and click continue. 5. Request a quote. 6. Accept the quote. The price for your shipment (container) is fixed.
https://youtu.be/E-jCdjEpQpw; How to place a GTC order to LME for your shipment (container); 1:35; Editor's note: With just a few simple steps, your order is placed on LME. 1. Log in to your ScrapEX account. 2. Open your contract. 3. Click "Create group hedge". 4. Choose the Shipments (containers) from 1 to All and click continue. 5. Choose tab orders and choose Take Profit order. 6. Specify the LME level ($) you want to place the order for and click "Place Order". When the order is placed on LME, the order status will change to "At Work". You will get a notification in the notification center and by email.
https://youtu.be/D2aXkLx65Ok; How to place an OLME order to LME for your shipment (container); 1:30; Editor's note: With just a few simple steps, your order is placed on LME. 1. Log in to your ScrapEX account. 2. Open your contract. 3. Click "Create group hedge". 4. Choose the Shipments (containers) from 1 to All and click continue. 5. Choose tab orders and choose OLME order. 6. Specify the date you want to place the order for and click "Place Order". When the order is placed on LME, the order status will change to "At Work". You will get a notification in the notification center and by email.
https://youtu.be/GMrT9ZfFAQU; How to withdraw your GTC or an Official LME order from LME; 1:30; Editor's note: With just a few simple steps, your order is placed on LME. 1. Log in to your ScrapEX account. 2. Open your contract. 3. Click on the order you want to withdraw. 4. Click "Reject Order" and then confirm it. When the order is withdrawn from LME, the order status will change to "Order Canceled" or "No hedge". You will get a notification in the notification center and by email. Now you can place another order or fix the price for your Shipment at the current LME level.
Want to take control of your price fixing process?