LME to announce open outcry ring decision in early June

LME to announce open outcry ring decision in early June - Copyright (c) Copyright Thomson Reuters 2021. Click For Restrictions - https://agency.reuters.com/en/copyright.html

Copyright (c) Copyright Thomson Reuters 2021. Click For Restrictions - https://agency.reuters.com/en/copyright.html

By Reuters

Published on 30/04/2021 - 21:30•Updated 19/04/2024 - 09:10

LONDON (Reuters) - The London Metal Exchange (LME) said on Friday it plans to announce around June 8 whether it will reopen its open outcry trading ring or permanently shut the only such floor in Europe.

The exchange, the world's oldest and largest market for industrial metals, announced a proposal in January to move to full electronic trading and held a consultation.

(Editing by Jason Neely)

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