LME eyes Asia-hours market making scheme for precious metals

The London Metal Exchange is considering the introduction of an Asia-hours market making scheme designed to boost volumes in the region, the head of precious metals at the exchange said.

The potential programme would cover trading hours for the suite of precious metals contracts from 0100-0800 London time, based on requests from Asia-based potential members and clients, Kate Eged said. “Most of our volume comes predominantly from Europe, with a sizeable amount from the US as we have a number of US clients who are active currently,” she told the LME’s precious metals breakfast in New...

Published

Andrea Hotter

September 12, 2017

16:35 GMT

New York