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REFILE-LME approves Jefferies Bache as ring-dealing member
August 21, 2012 / 3:57 PM / 5 years ago

REFILE-LME approves Jefferies Bache as ring-dealing member

LONDON, Aug 21 (Reuters) - The London Metal Exchange (LME) has approved U.S. investment bank Jefferies Bache as a Category 1, or ring-dealing member, the exchange said on Tuesday.

Jefferies Bache had been a Category 2 member of the LME. Category 1 members are entitled to trade in the open-outcry ring, electronic LMESelect and the telephone market.

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