Bank of China Seeks to Join World’s Biggest Metals Exchange
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Bank of China Ltd. became the first Chinese company to apply for membership on the London Metal Exchange, the world’s biggest metals bourse.
BOCI Global Commodities (U.K.) Ltd. is seeking to become a category 2 member, giving it the right to trade by telephone and electronically, the LME said in a notice today. It won’t have access to the ring, London’s last open-outcry trading floor.