LME WEEK 2019: Exchange to launch more new contracts in 2020 - Chamberlain

October 23, 2019 / www.metalbulletin.com / Article Link

The London Metal Exchange has no plans to stop adding to its contract suite, with new additions expected in 2020, chief executive Matthew Chamberlain told Fastmarkets.

After launching seven new cash-settled futures contracts in March 2019, the exchange will listen to market participants' requests for new hedging options."We are very keen to do more contracts in 2020, it is in the plan and in the budget - these contracts are not too expensive to launch," Chamberlain said. "We have some really exciting stuff coming up - including the lithium contract, which we are working with Fastmarkets on," he added. The LME announced in June that it was partnering with Fastmarkets to promote the uptake of a transparent and representative global...

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