Britain's financial regulator fined the London Metal Exchange on Thursday for allowing nickel prices to surge out of control ...
After a 24-month-long investigation, the UK financial regulator on Thursday said it fined the London Metal Exchange £9.2 ...
Copper in London slipped after reaching $10,000 a ton for the first time in five months as the dollar pushed higher as ...
Britain's Financial Conduct Authority said on Thursday it has fined the London Metal Exchange 9.2 million pounds ($11.9 ...
The FCA said the London Metal Exchange ‘should have been better prepared to address the serious risks posed by extreme ...
World’s largest metal exchange hit with £9.2mn penalty for failing to ensure orderly trading ...
The exchange, famous for its central 'ring' where traders make deals, failed to ensure it could deal with 'severe market stress', the FCA said.
In a statement on Thursday, the Financial Conduct Authority said it was the first time it had fined an investment exchange, ...
The Financial Conduct Authority has fined the London Metal Exchange £9.2 million ($11.9 million) for having inadequate systems and controls to deal with a massive short squeeze in the nickel market in ...
The gap between the benchmark New York Comex futures price and the London Metal Exchange price widened to more than $1,160 per tonne this week, surpassing its February high point of about $1,149 — a ...
Britain's financial regulator on Thursday fined the London Metal Exchange 9.2-million pounds ($11.9-million) over its ...
LONDON, March 20 (Reuters) - London copper prices hit a five-month high on Thursday breaking above a major psychological mark of $10,000 per metric ton before retreating under pressure from a stronger ...