The LME is gearing up to launch its clearing house on September 22
The London Metal Exchange has cleared the penultimate
regulatory hurdle ahead of the planned launch of its first
clearing house next month.
The LME, which is owned by Hong Kong Exchanges and Clearing,
said on Wednesday it has been approved by the Bank of England
to operate under the UK’s Financial Markets and
Insolvency Regulation, a crucial approval for the LME.
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