LME works to launch clearing platform

Trades on the London Metal Exchange are cleared by LCH.Clearnet Group, but the exchange is working to launch a clearing platform, LME Clear. Meanwhile, LCH.Clearnet is raising fees for LME contracts. Also, Oleg Mukhamedshin, deputy CEO of United Company RUSAL, says LME should offer more information about holdings of traders to improve metal-market analysis.

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