Martin Pratt new LME chief executive

Martin Pratt new LME chief executive

So we have been posting information recently, on the events of the London Metal Exchange hiring a new chief executive as Martin Abbott will be leaving at the end of 2013.

We have seen today that allegedly Martin Pratt will be taking over this role.

“They’ve got load of exchange experience at HKEx. What they don’t have is metals experience,” said one senior industry source in Singapore.

“Triland represents the traditional trading physical flow. It’s not an┬áinvestment bank, and he’s not tainted by the warehousing issues,” the source said.

“He certainly ticks all the boxes – now it will depend on the package they offer.”

Watch this space for future updates!

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