LME looks to resurrect plastics

30 May 2008

London Metal Exchange (LME) has again attempted to breathe life into its beleaguered plastics contracts by moving its trading mechanism more in line with its metals contracts.

LME is set to remove all shelf life for warrants, increase the...

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[London Metal Exchange]
[LME]
[plastics]
[warehouse]
[warrants]
[exchange traded deriatives]

“The fact is, an awful lot of people would be very happy for all business to be transacted over the counter. Transparency is good for the consumer, but privacy is better for the banks and the brokers. Wherever there’s a grey area, it’s possible to make money.”

European consultants predict frantic lobbying during the Mifid review.

LME looks to resurrect plastics

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