Development of LME Clear proves a test of mettle

Trevor Spanner - London Metal Exchange

When board members of the London Metal Exchange (LME) voted in favour of setting up a clearing house in December 2011, they might not have expected the effort to become quite so caught up with the exchange's £1.4 billion acquisition by Hong Kong Exchanges and Clearing (HKEx), or the imminent post-crisis overhaul of European financial rules. But the plan to move away from reliance on London-based central counterparty (CCP) LCH.Clearnet has become inextricably intertwined with both these

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: