LME ASIA WEEK 2018: LME does not have revenue projections for OTC booking fees, CEO says

The London Metal Exchange does not have projections of how much revenue it might make every year from the introduction of the over-the counter (OTC) booking fees, the exchange’s chief executive officer (CEO) Matthew Chamberlain has said.

"The OTC market is not something we have historically observed. So we have to be honest and have to say we don’t know the answer to that and will only know once when we start seeing the returns,” Chamberlain told Metal Bulletin on the sidelines of LME Asia Week in Hong Kong on Thursday May 17. From June 1, the LME will...

Published

Shivani Singh

May 17, 2018

09:55 GMT

Hong Kong