Find out what millions of sellers are selling right now.
Find out what millions of buyers are buying right now.
Search Lead Business Directory for suppliers and buyers.
Find out about Lead Trade Shows & Events.
[United Kingdom]
Posted on : Sep 15, 2008
The London Metal Exchange, the world's largest copper bourse, suspended Lehman Brothers Holdings Inc. from trading on its electronic trading system after the U.S. bank filed for bankruptcy protection.
Lehman is a member of the exchange and can issue and clear metals and plastics contracts. It can't trade on the floor of the exchange. The suspension on Select, the electronic platform, was confirmed by phone by LME spokesman Thom Lant in London.
Lehman's positions on the LME were "unlikely to be huge, probably not in the region of Barclays Capital or RBS Sempra," Robin Bhar, a strategist at Calyon in London, said by phone. Barclays and RBS Sempra are two of the largest of the 12 ring- dealing members of the bourse.
Other News and Announcements
[United States]
Posted on : Sep 28, 2018
The public review period of the proposed upgrade of Quemetco Inc’s recycling plant in Los Angeles by the South Coast A....
[United Kingdom]
Posted on : Sep 27, 2018
Last week, Zero Emissions Day focused the world’s attention on the goal of reducing emissions and encourages and celebrates opportunities to achieve this goa....
[United Kingdom]
Posted on : Sep 27, 2018
Dr Boris Monahov recently announced his retirement from ALABC after 9 years of service managing the Consortium’s techni....
[United States]
Posted on : Sep 27, 2018
Mesa Technical Associates, the US provider of power products for telecoms, utilities and industrial markets, has bought the North American lead-acid battery arm of Alcad, the firm announced on September 13.....
[United States]
Posted on : Sep 26, 2018
“As we focus on the battery technology of tomorrow, today’s market leader, lead-acid technology, will continue to play a significant role in the future of vehicle energy storage,” said Rigb....
Read More
Advertisements