LME to announce open outcry ring decision in early June
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By Reuters
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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