HONG KONG: The London Metal Exchange (LME) board will see what lessons can be learnt from this month’s chaotic nickel trading, the chief executive of its parent company Hong Kong Exchanges and Clearing (HKEX) said yesterday.
The LME suspended activity and cancelled nickel trades earlier this month due to volatility that saw prices double to more than US$100,000 (RM422,000) a tonne within hours. A spate of technical glitches after trading resumed left traders fuming.
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