News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Trading

London Metal Exchange wants to put a new shine on gold trading

New report from Deloitte says London's bullion market has been 'slow to adapt' to a central clearing model

Adrian Farnham, chief executive of LME Clear
Adrian Farnham, chief executive of LME Clear Photo: Company Photograph

The London Metal Exchange, which can trace its roots back to 1571, wants to bring its trading of gold and other precious metals into the 21st century.

The LME's aim is to pull the trading of gold and silver onto its exchange, and route the trades through its clearing house, LME Clear, which sits between buyers and sellers in the market.

WSJ Logo