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

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Insurance Journal - Jun 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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