LONDON, June 20 (Reuters) - The London Metal Exchange
hurriedly decided to cancel billions of dollars in trades in
March last year when nickel prices went haywire, but had better
options, lawyers for two financial firms suing the exchange t.
Elliott s court case over cancelled LME Nickel trades gets underway in London hedgeweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hedgeweek.com Daily Mail and Mail on Sunday newspapers.
A judicial review in London is considering claims by Elliott Associates and Jane Street Global Trading that they were disenfranchised by LME’s response to chaos in the nickel market.