Commodities giant has decided to use brokers more for its listed business
Glencore Commodities has cancelled its
membership of ICE Clear Europe, the largest energy clearing
house in Europe, following a decision by the commodities
trading giant to pull back from direct exchange
ICE said in a client note: "The purpose of
this circular is to advise clearing members that Glencore
Commodities Ltd has resigned its futures and options clearing
membership of ICE Clear Europe."
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