June 05, 2017 BY LeapRate Staff

LME competitor NFEx Markets to launch in 2018 as electronic trading platform for metals

The Financial Times is reporting that former LME CEO Martin Abbott is part of a five person founding board of NFEx Markets, which aims to compete with the London Metals Exchange (LME). NFEx Markets will reportedly run on a system designed by London-based tech provider Autilla, with a target to launch in the first quarter…

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