Rns...26 Sep 2013 09:32
LONDON--Brady PLC (BRY.LN), a supplier of trading and risk management solutions, Thursday announced that Standard Chartered Bank has selected Brady to manage its trading and risk management requirements for all of its London Metal Exchange (LME) traded base metals, covering front and middle office operations for both its derivatives and physical trading activities.
No financial terms of the contract were disclosed.
Shares of Brady on Wednesday closed at 58 pence, valuing the company at GBP47 million.
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