British metals exchange has appealed against a ruling over its warehousing
The London Metal Exchange (LME) intends to launch a hedging
contract for warehouse premiums in the second quarter of 2015
but will hold off its planned reforms due to an ongoing legal
LME has been active in reforming its warehousing procedures
over the last year, after clients complained of long queues to
withdraw aluminium, driving up premiums.
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