Hailed as a victory for small retail traders, the London Metals Exchange is reversing its controversial decision to end open-outcry trading after significant pushback from market participants. In a press release Tuesday, the LME said that it plans to reopen its trading ring in September after it received a record 192 responses from traders, voicing their disapproval of the planned closure announced in January. "Most notably, there was strong support for the LME's stated aims of promoting transparency, fairness and the digitisation of its market more broadly, while respecting key principles such as the Exchange's ... (full story)