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In December 2011, following an extensive feasibility study, the LME announced that the Exchange has taken the decision to pursue self clearing. The initial phase of the implementation programme will include a tender process for suppliers of technology and treasury, preliminary modelling and design of risk policies and procedures, and the securing of key resources for the clearing house.
The LME has published a set of frequently asked questions (FAQs) to further inform users of the Exchange on the recent announcement. Members with further questions are encouraged to contact the LME.
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