Wednesday June 5 2013
News Source: Global Exchanges
Focus: Trading Rules
Type: General
Country: International
Link: http://www.lchclearnet.com/media_centre/press_releases/2013-06-05.asp
The London Metal Exchange (LME) and LCH.Clearnet Ltd (LCH.Clearnet) have reached an agreement to migrate LME contracts currently cleared by LCH.Clearnet to LME Clear. Both parties have agreed to migrate the exchange contracts to LME’s clearing platform on 22 September 2014, in order to give members and the market time to implement new EMIR regulations and to better manage an already busy period of change in the market.
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