LME Ring Closure Decision Likely to Come in April, CEO Says
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Business
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the initial stance on reopening the ring post-pandemic?
The ring was to remain closed indefinitely.
Reopening was not considered due to safety concerns.
Reopening was considered only if electronic trading failed.
There was optimism about reopening once social distancing measures were lifted.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the timeline for making a final decision on the future of the ring?
Feedback will be collected until the end of March, with a decision in April.
A decision will be made by the end of the year.
The decision will be postponed until the pandemic is over.
Feedback will be collected until the end of the year, with a decision in January.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are some challenges faced with the shift to electronic trading?
Increased costs of trading.
Lack of data on electronic trading.
Resistance from traditional traders.
Increased trading volumes.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How might electronic trading impact the diversity of traders?
It could reduce diversity by favoring experienced traders.
It would have no impact on diversity.
It could promote diversity by attracting a broader set of traders.
It could decrease diversity by excluding international traders.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What efforts have been made to enhance inclusivity and diversity in the trading environment?
No efforts have been made.
Diversity is not considered a priority.
A code of conduct was introduced to make everyone feel welcome.
Only male traders are encouraged to participate.
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