Reviews underway cover concentration risk in OTC derivatives markets, risk management at futures brokers, and block trading practices.
June 30, 2022A lack of transparency in OTC positions was a key reason the LME struggled to manage the turbulent nickel trading earlier this year.
June 21, 2022Judicial review claims from Elliott Associates and Jane Street Global Trading challenge LME's decisions to cancel nickel trades in March.
June 7, 2022Banks would be required to report all off-exchange trades in aluminium, copper, nickel, tin and zinc on a weekly basis.
May 21, 2022The LME said the decision was made following discussions with market participants and "in light of the low levels of trading activity".
April 27, 2022The FCA will review LME’s approach to managing the suspension and resumption of the nickel market, while the BOE will review LME Clear.
April 5, 2022The default fund size will increase to from $1.1bn to $2.075bn, adding to financial strains experienced by brokers, traders and banks.
March 28, 2022The G7 and EU will prohibit gold-related transactions involving Russia and ramp up monitoring and information sharing to prevent Russian sanctions evasion.
March 25, 2022A technical fault permitted nickel trades to execute below a newly installed price limit, after the market was closed for a week.
March 17, 2022Chinese nickel producer Tsingshan Holding Group has secured a liquidity facility to help it meet its margin and settlement obligations on the LME.
March 16, 2022