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Cargill

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Cargill, Inc., the multinational food conglomerate, said it plans to apply for category 2 membership of the London Metal Exchange and has hired Michael Frawley, the former head of metals trading at Jefferies Group,  to begin buying and selling industrial metals on behalf of clients. Category 2 LME membership allows firms to issue LME futures contracts but not to trade on the floor. View page


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