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‘Open outcry’ trading to restart at London Metal Exchange

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Metals bourse, founded in 1877, reopens in September after member resistance to all-electronic trading

The London Metal Exchange, the last remaining in-person trading floor in Europe, is to reopen on 6 September after its management decided not to permanently close the trading ring, which has been operating since 1877.

The LME’s proposal at the start of 2021 to move to all-electronic trading following the pandemic was opposed by some traders.

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