LME Clear will join the swap clearing debate later this month
The London Metal Exchange started the month on a bright
note, for them at least, when a US District Court threw out the
case brought against it by two clients over claims of
anti-competitive behaviour for lack of evidence.
The ruling was a boost for the LME and its parent Hong Kong
Exchanges and Clearing which has been locked in a sometimes
bitter row with its clients for a while now over its
The LME still faces action from aluminium giant Rusal in
London but the ruling will be a welcome lift for the firm which
is undergoing a period of change under (newish) chief executive
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