Photographer: Simon Dawson/Bloomberg

Quest for Cheaper Metals Trading Drives Talks to Start LME Rival

By
Agnieszka De Sousa
and
Eddie Van Der Walt
  • Brokers and ex-LME CEO are reviewing options for new platform
  • Talks are preliminary and may not result in alternative market

In the face of sliding volumes and tougher regulation, the London Metal Exchange may be getting a new challenge: more competition.

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