London Metal Exchange

RCG Weathers Record Cold, Becoming RCG Division of Marex Spectron

by Sarah Rudolph | May 7, 2019

Rosenthal Collins Group (RCG), the well known Chicago FCM, was recently acquired by London-based Marex Spectron. After a transition that took place over one freezing Chicago weekend, it has been fully integrated into the company and is now the...

Where now for the rules that rocked European finance?; LCH shift heads off UK-EU regulatory battle

by Spencer Doar | May 7, 2019

Get a FREE 90 day trial of John Lothian Newsletter First ReadA Great Day to Start Trading Micro E-Mini FuturesJohn J. LothianA Trump-influenced lower equity market and then a near rebound produced the perfect day for the CME Group to start...

The LME’s Ambitious Tech Revamp – Matt Chamberlain, LME

by Spencer Doar | Apr 9, 2019

London Metal Exchange CEO Matt Chamberlain knows that the more than 150-year-old exchange has not been at the front of the pack when it comes to technology, but he also knows that gives it an opportunity to survey what other market...

Exchanges warn SEC against muscling in on market data cost debate

by Spencer Doar | Oct 26, 2018

Get a FREE 90 day trial of John Lothian Newsletter First Read Hits & Takes JLN Staff The theme of the day is where former exchange chairmen are living. The good news is Leo Melamed and his wife Betty have sold their home on the...

Staying the (New) Course – Matt Chamberlain, LME

by Spencer Doar | Apr 5, 2018

London Metal Exchange CEO Matt Chamberlain welcomed a baby into his household in the days before LME Week - one of the bourse’s busiest times of year - but that was far from the only thing keeping the exchange leader occupied in 2017....

JLN Exchange Leader Series 2017: LME’s Chamberlain on Ambitious Deployment Schedule

by Spencer Doar | Apr 5, 2017

The London Metal Exchange is in flux after the departure of CEO Garry Jones at the beginning of the year. That leaves interim CEO Matt Chamberlain with structural problems to address and a “hugely ambitious” deployment plan for 2017. In this JLN Exchange Leader Video,...

Data centres help London retain cachet; CME Group Interest Rate Contracts Shatter Records On Feb. 22; Reinstitute Choice and Civility – ‘Tis Time for Retail FX in the U.S. to Have a Regulator, Not an Executioner

by Spencer Doar | Feb 24, 2017

First Read Cinnober Going Big On Clearing JLN The Cinnober recap of its annual meeting revealed just how serious the company is about developing and investing in a new back office, real time clearing business. This space is ripe for change and competition, and...

Deutsche Bank walks away from US swaps clearing; Soc Gen sees fixed income trading boom; Crunch time for increasingly brittle London Metal Exchange

by Spencer Doar | Feb 9, 2017

First Read Trump Preparing to Nominate Commodity Futures Trading Commission's Giancarlo as Chair; The former brokerage executive is currently serving as acting chairman Andrew Ackerman - WSJ The Trump administration is preparing to nominate J. Christopher Giancarlo as...

Banks get slapped with $220M in fines over economic crisis; London’s trading businesses await Brexit fallout in 2017; LME Clear and LME announce the appointment of James Proudlock as Deputy Chief Executive for LME Clear

by Jeff Bergstrom | Dec 22, 2016

First Read Head East: TT's Robbie McDonnell Sees Opportunity In Asia As Never Before By Jim Kharouf, JLN It's gonna be a good year after all for Asia's markets. Robbie McDonnell, Trading Technologies' executive vice president of global sales, who returned to Asia full...

Yes, Precious: World Gold Council, LME and Banks to Launch New Gold, Silver Contracts

by JLN Staff | Aug 10, 2016

Sometimes the best ideas are worth waiting 139 years for. On August 9, 2016, the World Gold Council and the London Metal Exchange, together with a consortium of banks, announced a planned launch of LMEprecious, a new platform for spot, daily and monthly futures,...

John Lothian Newsletter: Bats Unveils Community Policing Program for U.S. Equities, Options Exchanges; London Metal Exchange faces broker revolt over fee rise; The World’s Most Powerful Stock Pickers Don’t Manage a Penny

by JLN Staff | Jul 13, 2016

First ReadMarketsWiki Education Hits Interns With Risks, Technology, Volunteerism, Office Space and BricksSarah Rudolph and Spencer Doar, JLNTuesday marked the first session of our MarketsWiki Education World of Opportunity series in Chicago. The event drew a standing...

2016 Exchange CEO Series: LME’s Garry Jones Looking At More Metals, More Clearing and More China

by JLN Staff | Apr 8, 2016

Last year represented the first full year in which London Metal Exchange was under the Hong Kong Exchanges & Clearing umbrella. Now the exchange is looking forward to expanding through new products, users and via its relatively new clearing house, LME Clear.The...

2016 Exchange CEO Series: Hong Kong’s Charles Li Looks To Keep Building Bridges To China

by JLN Staff | Apr 5, 2016

As Hong Kong Exchanges & Clearing looks at extending its services as a bridge to mainland China, HKEx CEO Charles Li said that it's now embarking on a new three-year plan to bring China's market to the rest of the world.Last year, HKEx posted record earnings in...

John Lothian Newsletter: SEC brings new charges over global press release hacking scheme; Hedge Fund Citadel Cuts Employees in Wake of Losses; Chinese bid for Chicago Stock Exchange stirs Republicans

by JLN Staff | Feb 19, 2016

First Read Big Data = Big Money By Jim Kharouf, JLN There is a lot of talk about data in the exchange space today, and given consolidation among exchanges has dwindled, the next frontier in competition is in data services. Exchanges have come under fire in recent...