HOTTER ON METALS: The discretionary destruction of liquidity

Proposed changes to the London Metal Exchange’s market structure may actually have the opposite effect to its desired intention: destroying liquidity, not increasing it.

Attention has been focused on the proposed permanent closure of the LME ring, the incentivization of electronic trade and changes to margin methodology, which were central issues in the exchange’s...

Published

Andrea Hotter

April 06, 2021

10:00 GMT

New York