Chicago-based exchange to challenge the LME's dominance of metals trading
CME Group is set to deliver the first lot of its North
American aluminum futures, marking a milestone in the
Merc’s challenge to the London Metal
Exchange’s (LME) dominance of global metals.
According to a delivery notice, CME’s precious
metals platform Comex recorded a total of 201 metric tons
(eight contracts) of material with delivery scheduled as early
as Friday morning.
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