Sign up for free newsletter

 

Metal

LME completes technical delivery for EMIR

The London Metal Exchange (LME) has delivered the systems modifications to support its members and clearing house in response to the European Market Infrastructure Regulation (EMIR) requirements.

The on-schedule delivery of the technology changes means that LME members can make necessary modifications to their own systems in advance of EMIR coming into force.
 
"We are pleased that the changes were successfully implemented on schedule," says Robin Paine, chief technology officer at the LME. "This delivery is testament to effective collaboration between the LME, its partners and the regulators. We will continue to work closely with members, the clearing house and ISVs to support member readiness over the coming months to the benefit of all market participants."
 
The LME's core member matching and warrant delivery management systems, LMEsmart and LMEsword, are now ready to accommodate EMIR and LME members are now able to make arrangements to operate multiple segregated accounts at the clearing house.


Subscribe to free daily newsletter
MediaWatch WA awards 2015

See interviews and presentation at the Wealth Adviser 2015 awards ceremony, held at Sketch, Mayfair on the 15th May .... »

latestjobs
Vice President Technology Investment Banking

Wed, 27 May 2015 00:00:00 GMT

Investment Banking Associate (Consumer) - LA

Wed, 27 May 2015 00:00:00 GMT

Healthcare Associate IBD - Top Investment Bank

Wed, 27 May 2015 00:00:00 GMT

events
4 days 12 hours from now - Dubai
5 days 12 hours from now - Chicago
5 days 12 hours from now - Boston
5 days 12 hours from now - Amsterdam
specialreports