LME expected to raise clearing fees to match LCH.Clearnet

06/26/2013 | Reuters

The London Metal Exchange has said that it is likely that LMEClear, the clearinghouse that it runs, will triple the fees it charges members to clear LME transactions. LCH.Clearnet raised its prices June 1. "No one should be surprised that increased regulations brings increased overheads," said Trevor Spanner, the managing director of post-trade services at LME.

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