All posts tagged "LME"
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295ESG / SustainabilitySFC Reviewing Market Practices to Guard Against Risk
Reviews underway cover concentration risk in OTC derivatives markets, risk management at futures brokers, and block trading practices.
June 30, 2022 -
358EuropeLME to Introduce New Reporting Requirements on 18 July
A lack of transparency in OTC positions was a key reason the LME struggled to manage the turbulent nickel trading earlier this year.
June 21, 2022 -
326Europe
LME Hit with Lawsuits Over Nickel Trade Cancellations
Judicial review claims from Elliott Associates and Jane Street Global Trading challenge LME's decisions to cancel nickel trades in March.
June 7, 2022 -
438Europe
LME Proposes to Enhance Reporting of OTC Metals Trades
Banks would be required to report all off-exchange trades in aluminium, copper, nickel, tin and zinc on a weekly basis.
May 21, 2022 -
410Europe
LME to Cease Trading in Gold, Silver Futures in July
The LME said the decision was made following discussions with market participants and "in light of the low levels of trading activity".
April 27, 2022 -
340Europe
UK Regulators to Review LME’s Handling of Nickel Disruption
The 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, 2022 -
281Europe
LME Doubles Default Fund Size Amid Metals Volatility
The default fund size will increase to from $1.1bn to $2.075bn, adding to financial strains experienced by brokers, traders and banks.
March 28, 2022 -
596AML / KYCUS Imposes Fresh Russia Sanctions, G7 Pledges to Block Gold Trades
The G7 and EU will prohibit gold-related transactions involving Russia and ramp up monitoring and information sharing to prevent Russian sanctions evasion.
March 25, 2022 -
363Europe
UPDATED – LME Forced to Halt Nickel Trading Again
A technical fault permitted nickel trades to execute below a newly installed price limit, after the market was closed for a week.
March 17, 2022 -
452China
LME Set to Reopen Following Nickel Short Squeeze Incident
Chinese 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
