The venerable 148-year old London Metal Exchange (LME) has just made it into the history books for the wrong reasons by ...
The venerable 148-year old London Metal Exchange has just made it into the history books for the wrong reasons.
In a statement on Thursday, the Financial Conduct Authority said it was the first time it had fined an investment exchange, ...
Britain's financial regulator fined the London Metal Exchange on Thursday for allowing nickel prices to surge out of control ...
Japanese trading companies have emerged as big winners from lingering mistrust between Australia and China, using the rift to ...
The FCA said the London Metal Exchange ‘should have been better prepared to address the serious risks posed by extreme ...
prompting the LME to suspend nickel trading. Elliott said in an emailed statement that it was vindicated after Britain's regulator the Financial Conduct Authority last week fined the LME 9.2 ...
Britain's financial regulator on Thursday fined the London Metal Exchange 9.2-million pounds ($11.9-million) over its ...
“This meant that when price rises in the nickel contract became increasingly extreme during the early hours of 8 March, it was not escalated to senior LME managers,” it added. Instead, trading ...
prompting the LME to suspend nickel trading and void trades on that day. Britain's financial regulator last week fined the LME 9.2 million pounds for allowing nickel prices to surge out of control ...