The London Metal Exchange has reintroduced a matched bargain service to facilitate the buying and selling of B shares across its membership structure, it said in a note to members on Friday June 21.
Stemming from the bourse's Strategic Pathway, which began in 2017, the LME pledged to provide an adequate matched bargain facility and leasing scheme for B shares after its previous service was discontinued prior to the 2017 Strategic Pathway. Taking effect from July 8 2019, the LME will issue a new matched bargain system through Britdaq, an electronic share registrar. The...