LME to adopt changes to block trades to boost electronic trading

Reuters

08/15

LME to adopt changes to block trades to boost electronic trading

LONDON, Aug 15 (Reuters) - The London Metal Exchange $(LME.AU)$ said on Friday it would adopt reforms regarding its block trades after making some modifications to initial proposals in an effort to increase liquidity and electronic trading.

The exchange, the world's oldest and largest market for industrial metals, published its reforms after holding consultations about a series of measures it introduced last September.

(Reporting by Eric Onstad and Polina Devitt; Editing by Jan Harvey)

((eric.onstad@thomsonreuters.com; +44 20 7542 7093; Twitter https://twitter.com/reutersEricO; Reuters Messaging: eric.onstad.thomsonreuters.com@reuters.net))

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(Reporting by Eric Onstad and Polina Devitt; Editing by Jan Harvey) ((eric.onstad@thomsonreuters.com; +44 20 7542 7093; Twitter https://twitter.com/reutersEricO; Reuters Messaging: eric.onstad.thomsonreuters.com@reuters.net))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}