Autilla Builds Base Metal Platform With Past LME CEO Abbott

March 1, 2017
by Eddie Van Der Walt and Mark Burton

Financial technology firm Autilla Inc. has developed a trading platform for base metals, tying up with former London Metal Exchange chief Martin Abbott in a bid to grab the growing levels of volumes executed off market exchanges.

The platform would bring another way to trade base metals in London, which is dominated by the 139-year-old LME. Separately, Autilla is testing a gold-trading venue that’s part of a broader plan to increase openness in the London over-the-counter market…

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