INTERVIEW: LME modifying technology to allow for multiple contract launches this year, CEO says

By IM Staff
Published: Thursday, 15 March 2018

The London Metal Exchange is modifying its technology to allow it to launch multiple contracts at once, something it plans to do at the end of the year, according to the exchange’s chief executive officer (CEO). The exchange is looking at, among others, a cash-settled lithium contract in order to tap into the trend towards electric vehicles (EVs).

By Andrea Hotter

Matthew Chamberlain said that the move, designed to add a level of dynamism to the LME’s systems, would delink the launch of new contracts from the release of new technology.

The exchange is then aiming to launch up to six contracts in one go by year-end, dependent...

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