LME consults on possible anti-abuse provisions to govern its capping rules
The London Metal
Exchange has opened a two week consultation on possible
anti-abuse provisions that would govern its proposed
queue-based rent capping (QBRC) rules.
The move follows a
consultation launched in July on proposals to introduce a cap
on the rent charged for metal in a queue as part of its
on-going efforts to reform its warehousing arrangements.
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