pinsentmasons13d
London Metal Exchange fine provides compliance reminder for firms
Anthony Harrison and Sébastien Ferrière, financial services experts at Pinsent Masons, were commenting after the FCA today announced it has fined the London Metal Exchange (LME) £9.2 million. The ...
City A.M.14d
FCA fines London Metal Exchange £9.2m over 2022 nickel volatility
The Financial Conduct Authority handed a landmark £9.2m fine to the London Metal Exchange after it failed to prevent extreme volatility in the nickel market in March 2022. In its first ever ...
Bloomberg L.P.14d
LME Fined £9.2 Million for Failings During Nickel Crisis
The London Metal Exchange was fined £9.2 million ($11.9 million) for having inadequate systems and controls to deal with a massive short squeeze in the nickel market in 2022. The fine ...
"You Should Put That Down Immediately": 26 Weird Items That Never Would Have Been Identified If The Internet Hadn't Come To The Rescue
"Electrochemically grown crystals. You can still see the holes used to hang the anodes in the plating bath. Towards the end of the solution's life, the polarity is reverted, so most or all dissolved ...
Reuters28d
Global aluminium producers seek Q2 premium of $245-$260/T from Japan buyers, sources say
TOKYO, March 6 (Reuters) - Global aluminium producers have sought premiums of $245-$260 per metric ton from Japanese buyers for April-June primary metal shipments, up 7%-14% from the current ...