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Hedge fund titan Clifford Asness leads trader fury after LME cancels $4bn in nickel trades
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Hedge fund titan Clifford Asness joined traders in slamming the London Metals Exchange after the platform cancelled trades – a move that may have helped stem losses at a fund that was short the metal.
Nickel traders were blindsided this week as the wild ride in the metal saw prices more than doubled in overnight trading – prompting the London Metals Exchange to cancel orders and halt trading.
Nickel...
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