London Metal Exchange
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“Total disarray” at the LME leads to FCA fine
Systems and controls in place at the exchange were not adequate to deal with severe market stress.
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Preparing for the UK’s new commodity derivatives regime
Next steps for firms, including preparing to take advantage of the new exemptions and submitting required applications to relevant trading venues.
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How the nickel short squeeze caught the London Metal Exchange off guard
When the price of nickel suddenly surged 250% in 24 hours in March, the LME faced a dilemma – suspend trading and cancel trades or face the potential failure of the exchange. The fallout from its decision rumbles on.