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The LME made a hash of it — but nickel traders were warned
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Traders on the London Metal Exchange may be furious. But they can hardly claim they weren’t warned.
Laying out its 'strategic pathway' five years ago, the LME’s chief executive Matthew Chamberlain made plain that the exchange’s first principle was an “absolute commitment” to the physical market.
“If there is ever a conflict between the physical...
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