Traders operating in the Ring, the open trading floor of the new London Metal Exchange (LME) on February 18, 2016. Photo: AFP
LME nickel mayhem: London’s trading stops as soon as it begins as new daily price limit throws metal exchange into chaos, again
- Surge in nickel prices, margin calls prompted LME to suspend nickel trading last week
- Tsingshan Holding Group, world’s largest nickel producer, facing US$3 billion in losses over prior margin calls
Traders operating in the Ring, the open trading floor of the new London Metal Exchange (LME) on February 18, 2016. Photo: AFP
