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Elliott and Jane Street fire starting gun on LME legal battles over $4bn in wiped trades: ‘There are bound to be others’
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fnlondon.comHedge fund Elliott Management’s lawsuit against the London Metal Exchange for cancelling some $4bn in nickel trades back in March is likely to kick off a flurry of other suits.
That’s according to one trading market expert. It’s probably just the start of the LME’s problems, they said, and there are “bound to be others that follow”.
In its...
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