London Metal Exchange CEO Matthew Chamberlain meets with the media during LME Asia Week in 2018 in Wan Chai. Chamberlain has said the lack of transparency in off-market positions made it difficult to manage the nickel situation. Photo: Xiaomei Chen
LME to require weekly OTC position reporting as it seeks to address nickel chaos
- LME CEO Matthew Chamberlain has said the lack of transparency in OTC positions made it difficult to manage the nickel situation
- New reporting requirement is part of expected reforms to address conditions that led to a week-long suspension of nickel trading in March
London Metal Exchange CEO Matthew Chamberlain meets with the media during LME Asia Week in 2018 in Wan Chai. Chamberlain has said the lack of transparency in off-market positions made it difficult to manage the nickel situation. Photo: Xiaomei Chen
