Nickel Repo Financing: Placement & Execution

Important. We operate under a chaperone arrangement with a U.S. registered broker-dealer for securities activities. We are not a lender. Any facility is subject to lender approval, KYC and sanctions screening, collateral verification, and final documents. This page is marketing material.

Nickel Repo Financing: Placement & Execution

We arrange repo funding against LME-grade nickel with title transfer or pledge mechanics. Collateral is controlled via LME warrants or warehouse receipts with approved collateral managers. The aim is straightforward: release liquidity against eligible metal with clear haircuts, daily margining, and clean exit through warrant cancellation or sale.

When it fits

  • Inventory carry and basis trades around LME spreads
  • Working capital for merchants and producers holding Class I nickel
  • Bridge to sales programs or tolling runs
  • Structured hedged positions requiring cash against warrants

What we place

  • Tenor 30 to 360 days with extension options
  • Advance rates sized to LME price, volatility, and storage location
  • SOFR or term benchmark plus spread, storage and insurance passed through
  • Daily margining with thresholds and cure periods

Outcome. Liquidity against eligible metal with enforceable control and predictable unwind.

Collateral, Terms, and Process

Collateral & Control

  • LME-deliverable Class I nickel only. Recognized brands and shapes per list
  • Control via LME warrants, warehouse receipts, or title transfer with tri-party control agreements
  • Approved warehouses and collateral managers. Audit and inspection rights reserved
  • Insurance, storage, and handling allocated in the cash flow waterfall

Key Terms

  • Advance rate and haircut matrix by location and brand
  • Initial margin, variation margin rules, and minimum transfer amounts
  • Eligible hedges referenced to LME contracts for price risk alignment
  • Events of default, substitution rights, and early termination pricing

Process

  • Week 1: inventory list, brand proof, warrant or receipt samples, KYC
  • Weeks 2 to 3: term sheet, collateral manager mandate, legal docs
  • Week 4: perfection of security, control confirmations, first draw
  • Ongoing: daily marks, margin calls, storage and insurance reconciliation

Eligibility & Limits

  • No Class II nickel. No sanctioned entities or restricted locations
  • Concentration caps by brand, location, and counterparty
  • Minimum ticket size set per lender grid. Club options for larger lines
  • Environmental and chain-of-custody representations where requested

Request a Nickel Repo Assessment

Share warrant lists or warehouse receipts, brands and locations, desired tenor and size, and current hedge status. We will respond with a feasibility view and path to closing.

Open Client Intake

Disclaimers. Terms depend on collateral quality, location, market volatility, and counterparty risk. Facilities may require hedging. Final terms are set in executed documentation with appointed collateral managers and warehouses.