Interview: Can Matthew Chamberlain rescue the LME?

London Metal Exchange CEO identifies problems, awaits contract and fee structure revamp feedback

Matthew Chamberlain LME
Matthew Chamberlain

The long history of the London Metal Exchange (LME) is both a blessing – its prices are widely seen as the reference for many metals markets – and a curse.

Its three-month contracts originally reflected the gruelling journey required to bring metals from far-flung locations back to UK ports, but critics say this holdover from the past means it is missing out on increased trading volumes, which have been drawn to the greater liquidity in one-month futures contracts offered elsewhere.

At the beg

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