LME Clear, the new clearing house of the London Metal Exchange (LME), announces its successful launch today, migrating 100% of the positions of LME members from previous clearer LCH.Clearnet Ltd to its own risk and clearing system, LMEmercury.
LME Clear, the new clearing house of the London Metal Exchange (LME), today announced that the Bank of England has approved its application as a central counterparty under the European Markets Infrastructure Regulation (EMIR). LME Clear's authorisation takes effect on 3 September 2014.
Fulfilling new trade reporting regulatory requirements, the London Metal Exchange (LME) has recently launched the second phase of its derivatives reporting service, LMEwire.
The London Metal Exchange (LME) is working with Colt Technology Services to launch LMEnet, a dedicated network that will provide market participants a fast, reliable and secure connection to the Exchange's electronic systems, including LME Clear.
Kynetix, a leading provider of data matching, reconciliation and exception management solutions for firms dealing in exchange-traded and OTC derivatives, today announced the launch of their new trade exceptions software for members clearing through LME Clear.
The London Metal Exchange is to spend £1 million on new technology to reinvigorate trading on its 137-year old open-outcry dealing floor.
The London Metal Exchange (LME) today welcomes its previously outsourced technology team in-house.
The London Metal Exchange (LME) has launched a real-time synthetic test environment for members and their clients.
The London Metal Exchange (LME) today announces a new policy to allow clients of LME members to connect directly to the Exchange's electronic trading platform, LMEselect, for market data. The change will be effective from 24 March 2014.
LME Clear has successfully launched its new trade-reporting service, LMEwire, in time to meet the 12 February reporting deadline set out by the European Market Infrastructure Regulation (EMIR).
© Finextra Research 2014