HKEx plans an earlier round of trading on LME

01/16/2013 | Reuters

Hong Kong Exchanges and Clearing CEO Charles Li has announced an initiative to offer an earlier round of price discovery and clearing on the London Metal Exchange. The new round will cater to traders in Asian time zones. "When China begins exporting capital, that's when they'll want to talk on their terms," Li says. "That's why we need to be ahead of that by allowing for Asian trade of commodities, in an Asian time zone."

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