The London Metal Exchange today announced three new membership approvals by the Exchange following a board meeting on the 8 May.
ICAP Securities Limited has been approved as an Associate Broker Clearing Member (ABCM), category 2. The firm’s membership will be activated in due course.
The Bank of Nova Scotia has been approved as an Associate Broker Member (ABM), category 4. The firm’s membership will be activated in due course.
Approval has also been given to Ambro Limited as an Associate Trade Member (ATM), category 5.
Commenting on the approvals, Emma Davey, LME business manager, membership and business development said:
“The Exchange is delighted to approve these companies for membership, which will further develop the strong membership base at the LME. We look forward to working with them in the future”.