the LME is plainly and explicitly trying to protect natural traders in this one outlying instance, because they dont have the flexibility that speculators do.
I recently started to trade some contracts on LME after many years of considering it too archaic to contemplate, but its a great source of liquidity for many metals and cant at least up until now be neglected.
there is no reason another exchange couldn't subsume some of the trade on the LME, but the tension between speculators and natural traders won't go away.
I recently started to trade some contracts on LME after many years of considering it too archaic to contemplate, but its a great source of liquidity for many metals and cant at least up until now be neglected.
there is no reason another exchange couldn't subsume some of the trade on the LME, but the tension between speculators and natural traders won't go away.