Ring of Trading
TRADING TECHNOLOGY
The animated shouts, signals and movements of traders are rapidly becoming the symbols of a bygone age as open-outcry trading gives way to electronic platforms. But in the heart of the City of London, at the 130-year-old London Metal Exchange (LME), those cries can still be heard in the so-called "ring," which now sits alongside telephone and electronic trading, but stubbornly retains its place in trading base metals.
The LME is a member-owned exchange, with 11 category-one member firms who have
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