The Old-school Style of Modern Metals Trading
The price of the world's metals are still set on a raucous, old-school trading floor in London. But it is that really the best way to conduct this crucial, global business?
You may be surprised to discover that the prices of many of the world's key metals are set on a raucous trading floor in London with gangs of men shouting at each other. The London Metals Exchange (LME) is a blast from the past and so today we visit the LME and ask whether or not - in the digital age - this is really the best way to price the metals on which the modern world depends. LME's deputy chief executive, Diamuid O'Hegarty, gives us a guided tour.
And we talk to Vic Hayes, the man who developed something called the "802.11 standard". Never heard of it? 802.11 sets the standards for WiFi operation. He tells us about his work and how it came about. Plus the secrets of a winning workplace personality. Lucy Kellaway on the dos and don'ts of impressing your boss via the sheer strength of your character.
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- Mon 27 Jan 2014 08:32GMTΒι¶ΉΤΌΕΔ World Service Online
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Business Daily
The daily drama of money and work from the Βι¶ΉΤΌΕΔ.