Advertisement
UK markets closed

  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     

  • FTSE 250

    20,645.38
    +114.08 (+0.56%)
     

  • AIM

    789.87
    +6.17 (+0.79%)
     

  • GBP/EUR

    1.1622
    +0.0011 (+0.09%)
     

  • GBP/USD

    1.2525
    +0.0001 (+0.01%)
     

  • Bitcoin GBP

    48,517.60
    -1,554.59 (-3.10%)
     

  • CMC Crypto 200

    1,257.73
    -100.28 (-7.38%)
     

  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     

  • DOW

    39,512.84
    +125.08 (+0.32%)
     

  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     

  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     

  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     

  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     

  • DAX

    18,772.85
    +86.25 (+0.46%)
     

  • CAC 40

    8,219.14
    +31.49 (+0.38%)
     
MONEY:

Best savings accounts that offer above inflation rates

How to earn the most interest on your savings

London Metal Exchange to test alternate ring trading site on Friday

Reuters - UK Focus
·1-min read

LONDON, March 11 (Reuters) - The London Metal Exchange (LME) will move its open-outcry trading to a disaster recovery site northeast of London on Friday to test the operations, it said on Tuesday.

The exchange, the world's oldest and largest market for industrial metals, said in a statement it tests the site in Chelmsford twice a year and that Friday's move was not part of its coronavirus contingency planning.

The 143-year-old LME, owned by Hong Kong Exchanges and Clearing Ltd., runs the last open-outcry trading venue in Europe.

The exchange has said it has contingency plans to relocate or ditch open-outcry trading if the coronavirus outbreak worsens in Britain. (Reporting by Eric Onstad, editing by Louise Heavens)