LME announces strategic pathway delivery programme LeapRate

LME proposes requirements for the responsible sourcing of metal in listed brands

October 30, 2017 BY Valentina Kirilova

LME announces strategic pathway delivery programme

The London Metal Exchange and LME Clear (together, the LME) today announced the delivery programme for their strategic pathway, including product launches, membership enhancements and new trading efficiencies. 2017: carry fee reductions; financial OTC booking fee consultation; tick size review H1 2018: introducing broker membership; B share initiatives; optional T2 booking model H2 2018: new…

January 23, 2017 BY Valentina Kirilova

London Metal Exchange Chief Executive Garry Jones retires

Hong Kong Exchanges and Clearing Limited (HKEX), The London Metal Exchange (LME) and LME Clear (LMEC) (wholly-owned subsidiaries of HKEX) just announced that Garry Jones, the LME’s Chief Executive and an executive director of the LME and LMEC, is retiring from all his positions within the HKEX Group, including his positions at the LME and…

May 04, 2016 BY Maria Nikolova

LME and LME Clear appoint Antony Stuart as independent non-exec director

The Boards of the London Metal Exchange (LME) and LME Clear on Tuesday announced the appointment of Antony Stuart as an independent non-executive director. Mr Stuart is a chartered accountant with 30 years of experience as an investment banker and corporate adviser. Before his retirement in 2011, he was Managing Director at NM Rothschild. Mr…

December 01, 2015 BY Maria Nikolova

LME Clear launches new trade compression service

LME Clear, the clearing house for the London Metal Exchange (LME) market, on Monday announced the successful rollout of two new services: trade compression and the ability to post metals warrants as collateral. The new trade-compression service enables members to cut the notional value of their positions and simplify their portfolio management. It also enables…

July 28, 2015 BY Mike Fox

London Metal Exchange now accepts offshore renminbi as collateral

LME Clear, the clearing house for the London Metal Exchange now accepts five currencies as cash collateral: US dollar, sterling, euro, yen and offshore renminbi.

Tag: LME Clear