Fintech Firm Clear Street Joins LME as Floor-Dealing Broker
- Clear Street sets up UK arm in global expansion drive
- Move boosts the LME floor’s prospects after several departures
Traders on the trading floor of the open outcry pit at the London Metal Exchange.
Photographer: Jason Alden/BloombergThis article is for subscribers only.
Financial technology firm Clear Street has joined the London Metal Exchange as a dealer on its famous open-outcry trading floor.
The New York-based company has obtained regulatory approvals to set up a UK trading operation, and is joining the LME as part of a broader expansion drive across Europe, the Middle East and Asia, it said in a statement on Wednesday.