LME does not see early return to trading ring; confident of more transparency: CEO

摘要

London—The London Metal Exchange does not expect to be able to reopen its trading ring “any time soon” due to the COVID-19 pandemic, CEO Matthew Chamberlain told participants in the LME Week Seminar Oct. 19. “We have to be prepared to be out for at least the duration of the winter, perhaps for another six months,” Chamberlain told the virtual event, noting that the conditions set in July for a return to the Ring -- a broad end of social distancing in the UK, and a widely-effective vaccine or other innovation that could allow a return to open-outcry trading -- look unlikely to be met anytime soon. “It seems unlikely that we might be able to return to the Ring anytime soon,” he said.