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Sep 6, 2021

London metal traders back in the “Ring” for first time since COVID

From the BBC World Service: The London Metal Exchange is the last trading hub of its kind in Europe, where traders work on a trading floor called the “Ring.” They execute trades by shouting and gesturing. But why bring traders back in person? Plus, while Ethiopia faces a shortage of foreign currency, rising prices and conflict in the Tigray region, many remain optimistic its economy will weather these challenges.

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The London Metal Exchange last upgraded its trading floor back in 2016. In 2020, it stopped in-person trading due to COVID-19.
The London Metal Exchange last upgraded its trading floor back in 2016. In 2020, it stopped in-person trading due to COVID-19.
Leon Neal/AFP via Getty Images

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