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LME extends ring trading at emergency venue until Friday

The London Metal Exchange (LME) has extended open outcry trading to its disaster recovery site in Chelmsford, east of London, until Friday after structural problems forced the shutdown of its offices, the exchange said on Tuesday.

The LME said on Sunday it was moving ring trading to its emergency venue for Monday and Tuesday after a potential safety issue was discovered in the building that houses its offices on Finsbury Square in London’s financial district.