The proposed reforms include expanded reporting on stored metal, permanent measures to address low stock levels, and revised closing price methodologies.
June 1, 2023The LME is making daily price limits permanent, revising its margin methodology, and developing a China-based spot market offering for Class II nickel products.
March 31, 2023The LME hopes the expanded hours will boost nickel trading volumes, which were little changed on Monday.
March 29, 2023The already embattled LME is postponing the reopening of Asian trading to allow its warehouse operators to recheck warranted nickel.
March 20, 2023In one new lawsuit, AQR Capital Management and four other hedge funds are claiming almost $100mn in damages.
March 8, 2023This is the first time UK regulators have opened an enforcement investigation against an exchange, which observers say could point to serious misconduct or compliance failures.
March 6, 2023The SEHK and HKFE were confirmed as Recognised Overseas Investment Exchanges by the UK's FCA this week.
March 3, 2023The LME hopes the resumption of trading during Asian market hours will “further contribute to liquidity rebuilding in the nickel market.”
February 25, 2023The FCA thinks the LME does not have adequate supervisory controls for Asia market hours. The Oliver Wyman review has also been released.
January 13, 2023The lawsuit sought disclosures from the LME regarding its March decision to cancel nickel trades. The court said the merits of the case were "weak".
December 30, 2022