LME may switch to electronic trade if necessary during coronavirus

The London Metal Exchange may switch from open outcry to electronic price discovery if the 2019-nCoV coronavirus makes it impossible for ring-trading to continue safely, it has said.

At the moment, the ring is continuing to operate from London, and the exchange has adopted various precautionary measures intended to halt the spread of the virus, including the creation of a split-team arrangement for LME staff. “Based on feedback from ring members,...

Published

Andrea Hotter

March 10, 2020

20:20 GMT

New York