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Commodities Briefing - Categorized | Metals and Minerals, Trading Platforms more

New European metal trade platform for spot delivery launched

Posted on 03 November 2016

A new trading platform for buying and selling of base metals for immediate physical delivery was launched in October by German company Metalprodex GmbH, with the most initial trading liquidity in aluminum and lead, the company’s head said.
Newly established Metalprodex is offering an electronic trading platform enabling delivery of physical metal within two days. “We are in the phase of building up liquidity,” Metalprodex’s Managing Director Janko Linhart told Reuters in an interview for the LME Week…………………………………….Full Article: Source


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