LME plans to set permanent rules restricting large-position holders
Reuters
Oct 30
LME plans to set permanent rules restricting large-position holders
LONDON, Oct 30 (Reuters) - The London Metal Exchange (LME) plans to set permanent rules that impose restrictions on members with a large positions, it said on Thursday.
The exchange, the world's oldest and largest market for industrial metals, said in a notice it would hold a consultation about the changes to its "front-month lending rules," which were introduced as a temporary measure in June.
(Reporting by Eric OnstadEditing by Bernadette Baum)
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