Why the LME Backtracked on Closing Trading Floor

The video discusses the current state of the commodity market, exploring whether it is in a super cycle, driven by pandemic recovery and the green revolution. It examines the transition from traditional to electronic pricing systems at the LME, influenced by the pandemic. Stakeholder perspectives, including those of hedge funds and banks, are considered, highlighting the balance between electronic and ring pricing. The video concludes with a discussion on the economic model for ring dealing members and the need for business adaptation.

What compromise was reached regarding the use of the ring in pricing?

What opportunities does the speaker hope the category one members will see in adapting their business models?