LME open-outcry ring cannot reopen under social distancing - CEO
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LONDON (Reuters) - The open-outcry floor at the London Metal Exchange (LME) may remain closed for several more months because reopening is impossible under COVID-19 social distancing restrictions, the head of the exchange said.LME Chief Executive Matthew Chamberlain also told Reuters the exchange was interested in potential merger and acquisition (M&A) activity, but nothing was on the agenda now due to difficult valuations."You cannot really have social distancing. We and our ring-dealing..