Hedge fund Elliott, Jane Street invoke Human Rights in LME nickel lawsuit
By Kirstin Ridley and Pratima Desai LONDON – U.S. hedge fund Elliott Associates and Jane Street Global Trading are invoking the Human Rights Act as they seek to sue the London Metal…
Exclusive – Trafigura set to take zinc out of LME system, fuelling concern – sources
By Eric Onstad and Pratima Desai LONDON – Commodity trader Trafigura and other firms are moving to take large amounts of zinc out of London Metal Exchange approved warehouses in Asia, sources…
LME nickel extends its slide as bugs still hit trading
By Eric Onstad LONDON -The London Metal Exchange (LME) again widened its trading band for nickel on Friday, but for a third session in a row it hit limit down, sliding 12%…
LME to resume nickel trading at 1400 GMT, mulls wider price limit
LONDON – The London Metal Exchange (LME) will resume electronic nickel trading on Wednesday afternoon and is considering hiking its 5% price limit for the following day, the exchange said. The 145-year-old…
UK FCA, Bank of England working with LME to resume nickel trading
By Pratima Desai and Clara Denina LONDON -Britain’s Financial Conduct Authority (FCA) and the Bank of England are talking to the London Metal Exchange about the resumption of a fair and orderly…
LME forced to halt nickel trading, cancel deals, after prices top $100,000
By Eric Onstad LONDON – The London Metal Exchange (LME) was forced to halt nickel trading and cancel trades after prices doubled on Tuesday to more than $100,000 per tonne in a…
LME stops publishing official nickel prices after trading halt
LONDON – The London Metal Exchange (LME) will temporarily stop publishing official and closing nickel prices, it said following its suspension of trading in the metal on Tuesday after prices doubled in…
LME says some members may have positions subject to sanctions
LONDON – The London Metal Exchange (LME) on Friday ordered any of its members who have positions with individuals or entities subject to Russian sanctions not to make payments to them. The…
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