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London Metal Exchange fights back against nickel lawsuits: ‘The market had become disorderly’
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The London Metal Exchange has defended its decision to cancel billions in nickel trades earlier this year as it fights back against lawsuits from major investors Elliott Management and Jane Street.
Trading on 8 March, which saw nickel prices soar to over $100,000/tonne, was disorderly, the exchange argues in a defence against the claims filed on 28 November.
LME...
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