Insight - London Metal Exchange ring will return

Time for a rethink: Traders work on the floor of the London Metal Exchange. Adaptation and innovation are key if it wants to thrive in a changing landscape. ― Reuters

THE shouting will resume on Sept 6, when the nine ring-dealing members of the London Metal Exchange (LME) take their red leather seats after more than a year’s coronavirus-induced break.

It is an unexpected outcome. When the LME proposed closing the 144-year-old bastion of open outcry trading in January, few in the metals trading community expected it to survive.