Tuesday, 30 September 2014

LME says will ramp up trading fees by 34%

TRADE WARS
LME says will ramp up trading fees by 34%
London (AFP) Sept 29, 2014 - The London Metal Exchange, the main global metals market, said Monday it will raise fees by about a third in the first hike since its takeover by the Hong Kong Stock Exchange. The LME said in a statement that transaction fees will increase by an average of 34 percent from January 1, 2015, in order to help fund investment in the exchange. The rise is the first in seven years, LME chief ex ... more


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