please contact sales@tanchin.hk for any inquiry
Following a three-month trial period, the London Metal Exchange (LME) is preparing to extend the closing time of all metals in the open-outcry circle, thereby weakening expectations of a final shift to full-scale electronic trading.
A source with direct knowledge of the situation said that zinc trading volume in the closing circle increased during the three-month trial period, and LME is expected to announce next week that all metal closing circles will double the time of open bidding to 10 minutes.
The LME owned by the Hong Kong Stock Exchange (0388.HK) was not commented.
Industry sources said that during the zinc three-month trial period, closing circle turnover increased by up to 40%.
LME data show that the overall LME transactions have declined this year, with volume falling by 7.2% to 88.6 million in the first half of the year.


please contact sales@tanchin.hk for any inquiry
PREVIOUS:Bearing side cover packing Improvement        

6002-Z 6002-RSL 6002-RSH 6002-2Z 6002-2RSL 6002-2RSH 6002 16002-Z 16002-2Z 16002 61902-2Z 61902-2RZ 61902-2RS1 61902 61802-2Z 61802-2RS1 61802 RLS 4-2Z RLS 4-2RS1 RLS 4