LME's cobalt contract to start trade Feb 22 2010


LONDON, Aug 27 (Reuters) - Contracts for minor metals cobalt and molybdenum will start trading on the London Metal Exchange on Feb. 22 next year, the exchange said on Thursday. Trading for dates three months ahead will be possible in open outcry, electronic trading and on the telephone brokerage market. Cash trading will start in May, it said in a release. "The LME intends to be the leading forum for price discovery and risk management in the minor metals industry and there is already ...

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