Sinara Develops New Matching System for LME
The replacement aims to be more flexible
According to Sinara, it will be more efficient and in keeping with LME's growth and development, while meeting the requirements of MiFiD II. The matching system will integrate with both the trading and clearing systems at the LME.
Sinara has designed and delivered many IT systems for the LME, over the past few years, most recently LMEbullion, a custom-built electronic auction system for platinum and palladium.
Phil Bain, project director at Sinara, said in a statement: "We are delighted to be
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