U.K. regulator discusses warehousing transparency at LME event

10/9/2013 | Reuters

Martin Wheatley, head of the U.K.'s Financial Conduct Authority, discussed the importance of transparency in warehousing at the annual London Metal Exchange dinner. "The key issue here in relation to the commodities derivatives markets is clearly the importance of maintaining a credible link to the underlying commodity, where there's convergence between futures and physical," Wheatley said.

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