HKEx to make further LME changes, CEO Li says

06/4/2013 | Wall Street Journal, The

After shortening the Asian benchmark price window this week because of increased volume, market participants can expect Hong Kong Exchanges & Clearing to make more Asia-friendly changes to the London Metal Exchange, according to CEO Charles Li. "The enhancement of the LME Asian benchmark is just one step the LME is taking in Asia," Li said. "We will be working with the LME and its users to grow their business further in China and the rest of Asia -- finding new ways to capture the huge surge of physical trading and hedging of metals in the region."

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