As LME ceo race closes, trade & industry tells HKEx to listen

The recent spate of lawsuits by US aluminium consumers against the London Metal Exchange has sent an important message to Hong Kong Exchanges & Clearing: listen to the trade and industry voice.

Nowhere else is that clearer than in the selection of the new chief executive of the LME, an announcement on which is imminent. The biggest issue facing the LME right now is warehousing, and the need to ensure that the producer and consumer community, critical in the price-convergence process on which the exchange has...

Published

Andrea Hotter

August 22, 2013

19:39 GMT

New York