London Metal Exchange (LME) last week refused to rule out
the possibility of launching its own mini-sized contracts
following suggestions that New York Mercantile Exchange (Nymex)
was planning to roll out a series of e-minis to challenge the
London exchange (see FO Week Vol 11 No 24).
Nymex was believed to be exploring the possibility of
launching copper, aluminium and zinc contracts in the "very
near future", sources said. Those three metals have
traditionally been LME's most traded products.
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