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 but sources revealed to FO Week that the issue
of messaging came up.
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