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LME favours new pricing mechanism to boost monthly trading

LME is proposing a process called implied pricing that would extrapolate prices for contracts that mature on the third Wednesday of each month from trading activity on its most liquid 3-month date.


THE London Metal Exchange (LME) wants to attract funds and reverse falling volumes by boosting liquidity on monthly settled contracts using prices from trading on other dates, Matt Chamberlain, the LME's new chief executive, told Reuters.

The LME is under pressure to build

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