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LONDON, April 4 (Reuters) – British monetary regulators launched a sweeping probe on Monday into how the London Metallic Trade (LME) suspended chaotic nickel buying and selling final month, a transfer that prompted offended protests from market individuals and broken the alternate’s repute. The intervention from the Monetary Conduct Authority […]
nickel
Buyers discover they haven’t any simple various to chaotic LME nickel commerce
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Merchants work on the ground of the London Metallic Alternate, in London, Britain September 27, 2018. REUTERS/Simon Dawson/File Photograph Register now for FREE limitless entry to Reuters.com Register Non-Chinese language face hurdles on Shanghai market CME has struggled to launch new metallic futures China searching for extra pricing energy in […]
Elliott Associates sues LME for $456 mn over nickel buying and selling suspension
Fund supervisor Elliott Associates has sued London Metallic Change (LME) for $456 million following the suspension and cancellation of nickel trades on the platform owned by Hong Kong Exchanges and Clearing Ltd , the Hong Kong bourse mentioned on Monday. LME and LME Clear […]