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Metals trading platform hires ex-Merrill Lynch vice-president

Emetra, the electronic trading platform for the non-ferrous metals markets, has recruited Rosemary Swales from Merrill Lynch to front its operations.

Swales will be head of operations at Emetra, which launched last month for the six main non-ferrous metals. Emetra also has plans to introduce derivatives trading and is currently involved in negotiations with marketmakers.

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