London Metal Exchange Canceled Nickel Trades to ‘Save’ China’s Tsingshan, Court Told

Published on June 21, 2023
The London Metal Exchange canceled $12 billion worth of trades when nickel prices went haywire in March 2022 to “save” China’s Tsingshan, lawyers for two financial firms suing the exchange told London’s High Court on Tuesday. U.S.-based hedge fund Elliott …
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