Trading on metal exchange suspended during period of high volatility in commodity prices caused by Iran war
Open outcry is not the biggest obstacle to the growth of the historic trading venue
UK’s $35tn bullion market would benefit from more transparency, says incoming chair Peter Zoellner
Copper trading has shifted from Comex as uncertainty persists over US president’s trade policy
Trafigura, Mercuria, Glencore and IXM set for bumper profits from metal shipped into America ahead of tariffs
Hunt for scarce supplies threatens to create a ‘short squeeze’, pushing prices even higher, warn analysts
Move follows pressure from mining firms to distinguish their supplies from ‘dirty’ minerals with large environmental impact
World’s largest metal exchange hit with £9.2mn penalty for failing to ensure orderly trading
Futures price in London for the red metal climbed to a 5-month high
US’s IRA programme yet to have ‘significant impact’, says Jakob Stausholm as he opens London Metal Exchange week
French bank quits the Ring, Europe’s largest open outcry pit
Exchange says market not large enough for ‘green’ nickel futures contract
Judges dismiss claims against metal exchange by Elliott Management and Jane Street
Judicial review hears of exchange’s actions in March 2022 when it feared market had turned disorderly
US hedge fund seeks $456mn compensation in case that could have ramifications for London’s role as commodity trading hub
Chief executive Terry Duffy says UK group has ‘a lot of issues’
Jeremy Weir says sector needs ‘contracts to reflect the underlying business’
Discovery of fake consignment comes weeks after Trafigura unearthed $500mn nickel fraud
Metal exchange faces legal claims totalling more than $500mn over its controversial cancellation of trades
Financial Conduct Authority launches enforcement action against metals exchange over decision to freeze trades
World’s largest miner joins criticism of contract at the centre of last year’s market chaos
A report attempts to explain what happened in a spectacular short squeeze last March
Independent report criticises exchange for lack of circuit breakers in March nickel crisis
Hedge fund AQR and other market participants were seeking more information on exchange’s decision to cancel trades
Metal pricing hit as thin volumes and higher financing costs force investors to sidelines
