LME Will Review Future of London’s Last Open-Outcry Trading
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The London Metal Exchange, operator of the city’s last trading pit, may decide on the future of the floor next year, said Charles Li, chief executive officer of Hong Kong Exchanges & Clearing Ltd., LME owner.
“We have not made up our mind yet,” Li said in an interview in Singapore today. “It is something that makes a lot of sense for a long time so there must be a great reason for it to be there. We will be looking at it, and will look at it with an open mind. There is no decision.”