LME proposes to permanently shut ring, incentivize electronic trade
Published: Wednesday, 20 January 2021
The London Metal Exchange is proposing the permanent closure of its open-outcry trading floor and the incentivization of greater liquidity on its electronic trading platform, LMESelect.
The proposals, laid out in a new discussion paper on future
market structure, also include potential changes to the
exchange's margin methodology and the introduction of potential
additional disclosures and policies to strengthen market
The proposals are designed to enable the LME to modernize and
adapt to emerging trends...