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The Independent UK
The Independent UK
National
Henry Saker-Clark

Bank of England and FCA to review London Metal Exchange over nickel suspension

PA Archive

The financial watchdog and the Bank of England have launched a review into the suspension of nickel trading by the London Metal Exchange (LME) last month.

The exchange suspended nickel trades from Tuesday March 8 after Russia’s invasion of Ukraine resulted in significant volatility, with prices doubling to more than 100,000 US dollars per tonne within hour.

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