LME rule could limit transparency, increase volatility

11/5/2013 | Reuters · Financial Times (tiered subscription model)

Goldman Sachs said the London Metal Exchange's proposed rule to reduce queues in its warehouses reduces transparency and increases volatility. Goldman said in a research note this week that the proposal "could have significant direct costs in the proper functioning of the exchange which can increase price volatility and indirect social costs by reducing transparency as more metal moves off exchange."

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Reuters · Financial Times (tiered subscription model)

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