Adrian Farnham, LME Clear chief exec since January, said talks are underway
The London Metal Exchange’s
clearing house is in talks with other commodity exchanges about
clearing their business, a move that would see LME branch out
from metals for the first time.
LME Clear, which went live in September
2014, has been until now clearing only the metals contracts
traded on LME’s screens or in its iconic pit so a
move to clear for exchanges other than the LME would be a big
step for the nascent clearing house.
Adrian Farnham, chief executive of LME
Clear, told FOW: "We have had a couple of markets come to us
and ask us to provide them with clearing services. We are in
discussions with them at the moment and we are hopeful of
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