Certificate of Analysis (COA)
This document describes the delivery aspects and physical metal attributes. It is advisable to agree delivery particulars (e.g. date, delivery size, transport type) with the warehouse prior to the delivery. Please refer to our Delivery & Logistics page for further detail.
METALPRODEX Hold Request
This document is needed upon delivery of metal into a warehouse to indicate towards the warehouse how many lots of a the delivered volume is to be reserved for trading on the MTXP platform.
For further information or assistance with delivery documentation please contact us by email or phone, details can be found on our Help and Support page.
METALPRODEX trading hours do not include German and Dutch public holidays and weekends. Trading takes place during all other days even if there is a public holiday at a specific warehouse location.
For a detailed schedule of trading days and non-trading days please visit the METALPRODEX Trading Calendar.
As soon as metal is delivered into a METALPRODEX certified warehouse and the METALPRODEX Hold Request has been processed, the stock will be visible in the MTPX Warehouse Inventory and can be traded immediately.
Metal that is under METALPRODEX Hold is visible in the MTPX Warehouse Inventory. In order to trade this metal outside of METALPRODEX it has to be removed from the MTPX Warehouse Inventory. This is done by requesting the METALPRODEX Hold to be removed.
The METALPRODEX Hold can be removed directly on the MTPX Platform in the Warehouse Inventory.
On the spot market the buyer is obligated to pay the contract value within two trading days. Upon payment confirmation the metal ownership will be transferred from the seller to the buyer. Only then the buyer is free to either pick up the metal or leave it in the warehouse to be traded on MTPX again.
On the spot market as the buyer you are obligated to pay the contract value within two trading days. Upon payment confirmation the metal ownership will be transferred from the seller to the buyer. Only then, as the buyer, you are free to either pick up the metal or leave it in the warehouse to be traded on MTPX again.
When placing a Buy Order you can indicate if you wish to re-sell the metal afterwards. If that is the case then a new METALPRODEX Hold will be placed as soon as the contract is fulfilled, the respective stock will show in your MTPX Warehouse Inventory and you include it into a new Sell Order.
Alternatively you can leave the metal in the warehouse without re-selling it on MTPX. Please refer to the terms and conditions of your warehouse agreement for further details.
Upon delivery into the warehouse a Warehouse Stock Identifier is issued in order to identify the metal, its owner and its location in the warehouse. The Warehouse Stock Identifier will also be visible on the MTPX Warehouse Inventory and is needed when requesting a METALPRODEX Hold for new or existing metal in the warehouse.