Donald Brydon, chairman of London Metal Exchange (LME), has
warned that the current ban imposed on the extension to the
exchange's electronic trading hours could damage London's
reputation as a financial capital.
According to FO Week's sister publication,
Metal Bulletin, the move by the UK's Office of Fair
Trading (OFT) to prevent the trading hours extension on
electronic trading platform Select could hurt the City of
London's reputation because it directly clashes with the aim of
the UK's other regulator, Financial Services Authority (FSA),
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