Alcoa seeks timeline on more transparent LME

Nov 07, 2013 | 04:06 PM | Andrea Hotter

Tags  Alcoa, aluminum, LME, warehouse rules, Andrea Hotter

NEW YORK — Alcoa Inc. called on the London Metal Exchange to provide a clear time line in which it plans to implement changes to create a more transparent marketplace.

Commending the exchange for taking steps today to introduce transparency through a Commitments of Traders style report, Pittsburgh-based Alcoa said it would "increase fairness and improve market function."....

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