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Commodities Briefing - Categorized | Metals and Minerals, Regulatory more

OFT considers metals market inquiry

Posted on 25 May 2011

The Office of Fair Trading is considering an investigation into whether the market for metals trading is anti-competitive after MPs raised concerns that many of the warehouses used in the industry were owned by big commodities traders.
As part of an investigation into strategically important metals, the Commons science and technology committee learned that four large metals traders also ran warehouses, raising fears they could gain an unfair advantage through access to sensitive information about the activities of rival traders……………………………………….Full Article: Source


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