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LME boss says he has a plan to win back trust after wiping $4bn in nickel trades
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The London Metal Exchange has had a disastrous year.
When the Ukraine crisis helped trigger a record surge in nickel prices in March, exchange boss Matthew Chamberlain took the unprecedented step of cancelling $4bn in trades. Traders raged. Hedge funds filed lawsuits. Chamberlain went on TV to defend the decision.
Nickel prices have since...
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