The London Metal Exchange also said it would commission an independent review into the events that led to chaos in the nickel market last month
The London Metal Exchange said it had introduced daily price limits for all its metals and would commission an independent review into the events that led to chaos in the nickel market last month.
The exchange suspended nickel trading on March 8 after prices spiked by more than 50 per cent to hit $100,000 a tonne. Activity resumed on March 16 when it launched daily price limits and the provision of OTC nickel trading data for the first time. The exchange also said it wanted to introduce OTC trade reporting across the board and that a first step was to extend provision of OTC daily position reporting, as is now implemented for nickel, to other metals.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
London, Ont. nurse recounts providing aid to refugees at Poland-Ukraine border - London | Globalnews.caA London, Ont., registered nurse has returned home after providing aid at the Poland-Ukraine border. On March 4, 2022, Brandon Duncan and a colleague flew to Poland.
Read more »
London’s Muslim community celebrates Ramadan as COVID restrictions lift - London | Globalnews.caRamadan officially began Friday evening and for the first time since the COVID-19 pandemic began, the Muslim community in London, Ont., is able to celebrate without restrictions.
Read more »
Your lookahead horoscope: April 3Your daily horoscope
Read more »
Your daily horoscope: April 4Your daily horoscope
Read more »
London, Ont. nurse recounts providing aid to refugees at Poland-Ukraine border - London | Globalnews.caA London, Ont., registered nurse has returned home after providing aid at the Poland-Ukraine border. On March 4, 2022, Brandon Duncan and a colleague flew to Poland.
Read more »
London’s Muslim community celebrates Ramadan as COVID restrictions lift - London | Globalnews.caRamadan officially began Friday evening and for the first time since the COVID-19 pandemic began, the Muslim community in London, Ont., is able to celebrate without restrictions.
Read more »