Parent company HKEX Thursday unveiled its strategic plan for 2016-2018
The London Metal Exchange’s
clearing house is in talks with a number of new members from
outside the metals industry, as it looks to extend beyond its
LME Clear is working on extending clearing
services beyond the metals market with the firm already in
talks with a number of potential 'non-metals’
A spokeswoman told FOW: "We have
demonstrated the value of a clearing house to the LME market,
and we believe many in the over-the-counter (OTC) market are
starting to see the potential benefits of clearing as well.
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