LME looks to appease members with Select messaging changes

London Metal Exchange (LME) is considering relaxing is messaging limits on Select in an attempt to gain traction in its disappointingly performing e-mini contracts and placate disgruntled member firms.

It is understood that the exchange is revising its restrictive messaging policy after a meeting took place with its mini contract advisory board at the start of the month. The exchange refused to comment on what was discussed during the meeting...