LME WEEK: Monthly contract’s success could mean end of LME’s ring and date structure – Sucden

The London Metal Exchange’s plans for a monthly contract could completely restructure brokers’ business, the metals industry and the exchange, LME ring-dealing member Sucden Financial’s head of Asia business development, Jeremy Goldwyn, told Metal Bulletin.

“If the monthly contract succeeds, I think it will succeed at the cost of the date structure and the ring and three-month [contracts] liquidity,” he said. Goldwyn added that he...


Shivani Singh

October 13, 2015

17:12 GMT