20.10.2014 - Things can only get better in HKEx and LME's marriage?
For the tie-up to operate more smoothly after a bumpy start, both parties need to boost their trading volumes and launch more products. This is not a takeover; it is a marriage." That is how Charles Li Xiaojia, the chief executive of Hong Kong Exchanges and Clearing, described the £1.38 billion (HK$17.2 billion) purchase of the London Metal Exchange back in 2012. He was speaking at the metal exchange's annual black-tie dinner at Grosvenor House in London, conceding that it was the first time he himself, once an oil worker, had ever worn a black tie...............................................Full Article: Source
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