22.04.2015 - LME strives for 'evolution' not 'revolution': LME CEO
The London Metal Exchange has seen a number of significant changes since Hong Kong Exchanges and Clearing completed its acquisition of the exchange in 2012, Garry Jones, CEO, LME said in a briefing late Monday. "Over the last couple of years since the Hong Kong Exchange bought the LME we continue to see significant changes and I think the important thing is that it's evolution not revolution...we're not changing the entire exchange, we're moving things forward considerably," Jones said. He said the starting point of this 'evolution' was looking at the 'underpinnings' of the exchange in order to strengthen its core functions in IT, risk management, regulation, compliance, internal audit and market surveillance.........................................Full Article: Source
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