London Metal Exchange to press ahead with prohibition of discretionary order type
The prohibition will apply to native discretionary orders in relation to all LME Contracts, and native iceberg orders in relation to Cash-Settled Futures Contracts.
The prohibition will apply to native discretionary orders in relation to all LME Contracts, and native iceberg orders in relation to Cash-Settled Futures Contracts.
LME intends to prohibit the use of the discretionary order type for all tradeable Contracts, and the iceberg order type for Cash-Settled Futures Contracts.