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 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 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.
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.