article metals screen trade set evolve please find attached article rueters english news service october 12 2001 uk interview metals screen trade set evolve spectron andy blamey 10 12 2001 reuters english news service c reuters limited 2001 london oct 12 reuters electronic trading base metals futures established firm foothold market nature online trading platforms looks set evolve says gavin gross head lme metals spectron futures ltd uk based energy commodities broker spectron electronic platform trading london metal exchange lme contracts become required viewing traders alongside lme system lme select enron group enrononline think proved people trade lme derivatives contracts online great advantages gross told reuters telephone interview unlike physical markets things really taken online three platforms pretty much indispensable market spectron lme select neutral platforms category 1 category 2 lme members trade enrononline open wider membership enron sole counterparty transaction leaves gap market multi party trading system open industry participants beyond immediate trading community gross suggested think clear trend metals derivatives trading future open platforms would allow dealers clients market interact online said direct access clients electronic trading environment could mean changes role broker said clients advantage control visibility transparency however pay services gross said could see situation dealers specialise different areas certain dealers would provide credit functions certain institutions would provide clearing others would provide execution certain companies would provide market making difficult conditions difficult market conditions already forcing metals traders rethink activities week alone seen n rothschild sons exit base metals trading bank nova scotia enron looking scale back lme got low volumes falling volatilities falling prices grips bear market poor business general gross said many dealers around chasing shrinking amount business company going look carefully business staffing levels spectron immune declining volumes volumes first 12 months operation fantastic way beyond expected however volumes fallen recent quarter gross said due two factors first overall market activity lower second lme select managed attract business would previously 100 percent company looking ways develop trading platform beginning investigate ways add certain features things differently might involve creating alternative platform clients could access prices thereby widen service gross said stressed keep interests dealer clients foremost uncertainty current environment lme refusal throw weight behind either open outcry floor trade new screen system exchange taken pains express preference allow market decide may prove counterproductive gross said two systems running side side exchange almost moving two totally different directions said feeling ring doomed anything encourage use reluctance fully back electronic trading means still seeing trickle business going select terms overall volumes preferences vary different sectors market current uncertainty helping one said metals traders want trade want know kind certainty market structured future structure business support make money