Trading

London Metal Exchange pushes for more electronic trading in shake-up

CEO Matthew Chamberlain said the changes will improve prices and help financial traders on the exchange

The London Metal Exchange wants to encourage more traders to use its electronic platform
The London Metal Exchange wants to encourage more traders to use its electronic platform Photo: Paul Hackett/Getty Images

The London Metal Exchange is looking to boost electronic trading, with reforms targeting the needs of its financial trader base.

In a series of changes announced on 4 September, the exchange is pushing to increase activity on its electronic trading platform, LMEselect, with the goal of improving data transparency and price discovery.

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