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LME says it will improve electronic closing price mechanism

LONDON, March 10 (Reuters) - The London Metal Exchange (LME) will make changes to its electronic closing price mechanism to make it more efficient, it said on Wednesday.

The LME said in a statement that the changes are separate to a January proposal by the exchange to permanently close Europe’s last open-outcry trading floor and move to an electronic system. (Reporting by Eric Onstad)

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