Tensions within the London copper market escalated on Friday as spot contracts achieved their highest premium over deferred futures in five years, driven by a critical depletion of metal held
The London Metal Exchange hit with a £9.2m fine over nickel trading fiasco.
The UK’s financial regulator has fined the London Metal Exchange (LME) £9.2 million for failing to maintain adequate systems and controls to handle a major short squeeze in the nickel
The London Metal Exchange discovers irregularities in nickel contracts
The reopening of nickel trading during Asian trading hours by the London Metal Exchange (LME) has been postponed due to the discovery of irregularities in nine nickel contracts.
The London Metal Exchange to reopen nickel trading during Asian hours
Next month, the London Metal Exchange will end a year-long suspension of nickel trading during Asian trading hours, which was introduced after the Ukraine invasion.