Goldman warns of volatile prices if LME changes rules

Nov 01, 2013 | 12:15 PM | Mark Burton

Tags  Goldman Sachs, LME, London Metal Exchange, warehouse queues, Mark Burton

LONDON — The London Metal Exchange’s proposed measures to reduce queues across its warehouse network will potentially increase price volatility and reduce transparency, according to Goldman Sachs Group Inc.

The proposals would have no impact on physical prices, "since the queues do not impact the fundamentals of the aluminum market," the New York-based bank said in a research note to clients Oct. 31.....





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