21.07.2016 - HKEX to put LME clearing link plans on hold due to Brexit - CEO
Britain's vote to leave the EU has prompted the Hong Kong stock exchange (HKEX) to put on hold a commodities clearing link with its London Metal Exchange (LME), dealing a blow to its bid to make the LME more profitable. Hong Kong Exchanges & Clearing Chief Executive Charlies Li said the planned link-up would now have to wait due to the uncertainty created by the British vote last month. Other LME initiatives, however, should not be affected by the Brexit vote, Li wrote in his blog published on Wednesday...............................................Full Article: Source
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