The London Metal Exchange will finalize the last stage in the relaxation of its queue-based rent capping (QBRC) rule on Sunday November 1, when the rule moves to 80 days full rent.
The threshold has been extended under a phased implementation over the past nine months. It began on February 1, 2020, when the rule moved to 50 days full rent, from the original rule of 30 days full rent and 20 days half rent.So theoretically, if you joined a queue before November 1, you would pay 70 days full rent, but if you join on or after...