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LONDON (Reuters) - The London Metal Exchange s clearing house questioned the size of the damage claim brought by Elliott Associates and Jane Street Global Trading over losses from cancelled nickel trades, court documents show.
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
The London Metal Exchange cancelled $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.