Commodities & Energy

Reuters exclusively reports LME to extend open-outcry trade to boost volumes

Reuters exclusively reports LME to extend open-outcry trade to boost volumes

Reuters exclusively reported that the London Metal Exchange is poised to extend its closing open-outcry trading sessions for all metals after volumes jumped in a three-month trial, denting expectations of an eventual move to full electronic trading. During the three-month trial with zinc, closing ring volumes increased by as much as 40%, Reuters sources said.