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London Metal Exchange extends nickel trading halt until next week
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London's nickel market will stay closed at least until next week, a person familiar with the exchange said, giving the London Metal Exchange more time to resolve a crisis caused by a huge loss-making trade originating in China.
The LME paused trading in nickel on 8 March, the first time it had suspended a market since 1985. The exchange had said trading might resume as early as 11 March. However, the LME failed to alert traders by 2pm London time that the market would reopen, signalling that no trading in nickel would take...
Read more on fnlondon.comAbout this in other media
LME to restart nickel trading, but price moves will be capped fnlondon.com /2 years ago
JPMorgan leads talks to resolve nickel market crisis fnlondon.com /2 years ago
LME to restart nickel trading, but price moves will be capped fnlondon.com /2 years ago
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