Aug 8 The London Metal Exchange is considering
three candidates to succeed Chief Executive Martin Abbott who is
set to step down at the end of the year, Bloomberg reported,
citing two people familiar with the matter.
The LME, the world's biggest marketplace for industrial
metals such as copper and aluminium, is choosing between its
chief operating officer, Diarmuid O'Hegarty, and a former CEO of
NYSE Liffe, Garry Jones, Bloomberg said, unable to verify the
The 137-year-old institution, which was bought last year for
$2.2 billion by Hong Kong Exchanges and Clearing, has
been under Abbott's management since 2006.
The London-based futures exchange could not immediately be
reached for comment late on Wednesday.
(Reporting by Richa Naidu in Bangalore; Editing by Richard