Abbott has invited interested parties to fund his study in to a new metal market
Some of the top commodities brokers in
London are backing a proposed study by former LME chief
executive Martin Abbott into the feasibility of building a new
metals exchange in London to rival the LME.
Abbott, who left the LME in 2013, said
talks have been taking place among the various London-based
metals brokers for most of this year and the time has come to
formalise those talks with a study into the possibility of
building a new exchange.
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