FN London

Financial News

News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

News

What’s next for the London Metal Exchange Ring?

In January, the LME proposed to permanently close the iconic trading Ring

By

Bérengère Sim

The LME announced on 19 January a proposal to make permanent the closing of the iconic venue’s trading Ring and to move to an electronic pricing structure
The LME announced on 19 January a proposal to make permanent the closing of the iconic venue’s trading Ring and to move to an electronic pricing structure Photo: Getty Images

The future of the London Metal Exchange's iconic trading Ring is uncertain after a proposal was made to permanently close it, with a consultation launched alongside it.

The decision is expected in April. Financial News unpacks some of the key questions.

WSJ Logo
Tesla’s EU Sales Slumped in May Despite EV Market GrowthExternal link

Tesla’s EU Sales Slumped in May Despite EV Market Growth

Oil Rises as Traders Monitor Cease-Fire, But Weekly Losses Top 10% 

The Great Scottish Tea Swindle

U.S. Attack on Iran Injects Uncertainty Into Already Uncertain Economy

Big Banks, Worried About Being Trump’s Next Target, Race to Appease Republicans