| The London Metal Exchange has approved the membership application of BOCI Global Commodities, the LME's first Chinese member, assistant Company Secretary Marcos Castro said Tuesday.
BOCI Global Commodities, a U.K.-based unit of the Bank of China, has been accepted as a category two member after submitting an application to join the world's largest metals trading exchange last year, the LME said. Associate broker clearing members have the same rights as category one members--including telephone and electronic trading--except that they can't trade in the exchange's ring, Europe's last open outcry trading floor...............................................Full Article: Source
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