Traders, brokers and clerks on the trading floor of the open outcry pit at the London Metal Exchange Ltd. (LME) in London on Monday, Feb. 28, 2022. Photo: Bloomberg
Traders, brokers and clerks on the trading floor of the open outcry pit at the London Metal Exchange Ltd. (LME) in London on Monday, Feb. 28, 2022. Photo: Bloomberg
LME
Business /  Banking & Finance

LME faces Elliott Management’s US$456 million lawsuit for suspending nickel futures trading, cancelling trades

  • Elliott International and Elliott Associates, two Elliott affiliates, claim LME’s trading suspension constituted a breach of their human rights
  • The trading halt has raised concerns about LME’s approach to the nickel price crisis

Iris OuyangChad Bray
Iris Ouyang in Shenzhenand Chad Bray in London

Updated: 5:15pm, 6 Jun, 2022

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Traders, brokers and clerks on the trading floor of the open outcry pit at the London Metal Exchange Ltd. (LME) in London on Monday, Feb. 28, 2022. Photo: Bloomberg
Traders, brokers and clerks on the trading floor of the open outcry pit at the London Metal Exchange Ltd. (LME) in London on Monday, Feb. 28, 2022. Photo: Bloomberg
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