Wed, Jul 26, 2017
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Commodities Exchanges, M&A more

SGX not bidding for LME

Posted on 08 May 2012

“SGX is not in the contest for London Metal Exchange,” Chew Choon Seng, chairman of SGX, said in Singapore on Monday, according to Bloomberg reports.
Mr Chew said SGX plans to build its business through partnerships such as a metal-trading venture it has with LME. The LME on March 29 said it is in the process of answering questions from bidders, who must submit offers by today. At stake is control of the marketplace that handles more than 80 per cent of industrial metals futures………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 48800 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
banner
July 2017
S M T W T F S
« Nov    
 1
2345678
9101112131415
16171819202122
23242526272829
3031