October 16, 2019 / 10:21 AM / a month ago

London Metal Exchange to hike trading and clearing fees from Jan. 2020

LONDON, Oct 16 (Reuters) - The London Metal Exchange (LME) said on Wednesday it would raise its trading and clearing fees 8% from January 2020, its first increase in five years to keep up with inflation.

The exchange, owned by Hong Kong Exchanges and Clearing Ltd , also said it would increase the over-the-counter booking fee to $1.14 per lot from $1.

Reporting by Zandi Shabalala, editing by Louise Heavens

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