‘Open outcry’ trading to restart at London Metal Exchange
by Joanna Partridge from World news | The Guardian on (#5JT3J)
Metals bourse, founded in 1877, reopens in September after member resistance to all-electronic trading
The London Metal Exchange, the last remaining in-person trading floor in Europe, is to reopen on 6 September after its management decided not to permanently close the trading ring, which has been operating since 1877.
The LME's proposal at the start of 2021 to move to all-electronic trading following the pandemic was opposed by some traders.
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