The London Metal Exchange (LME) has completed a consultation with members on proposals to change the trading platforms supporting LME plastics contracts. Under the proposals, the exchange’s plastics futures for linear low-density polyethylene and polypropylene would be traded solely on the exchange’s electronic platform, LME Select, and on the inter-broker telephone market. Trading in the open outcry ring would likely cease in February 2010.
Martin Abbott, chief executive of the London Metal Exchange, said: “Trading in the LME plastics contracts has been concentrated on LMESelect and the telephone markets. The decision to focus liquidity in these trading venues is a reflection of the way in which the industry trades.”
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
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Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more