(Bloomberg) -- 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.

In a statement on Thursday, the Financial Conduct Authority said it was the first time it had fined an investment exchange, and described how the LME's three-month nickel-futures contract saw ...

The 148-year-old exchange did not have the “systems and controls” in place to ensure orderly trading and its failure to do so had “undermined the orderliness of and confidence in LME’s ...

US President Donald Trump’s tariff blitz has shocked financial markets, but the LME base metals complex got an early preview of the likely mayhem. The imposition of 25% tariffs on US imports ...

LONDON : Service provider Trading Technologies said market data issues for the London Metal Exchange (LME) reported earlier on Monday appeared to have been resolved, though it was still doing ...

The CEO of London Metal Exchange (LME) said the 146-year-old metal trading bourse is making incremental progress in reviving investors’ confidence after last year’s chaos, hoping to gain a ...

LONDON, March 19 (Reuters) - Significant amounts of lead have been deposited in London Metal Exchange (LME) approved warehouses by Citigroup (C.N), opens new tab for so-called rent-sharing deals ...

The fine, the first enforcement action the Financial Conduct Authority has ever taken against a UK exchange, comes after the LME sparked widespread fury by retroactively canceling $12 billion of ...

The fine, the first enforcement action the Financial Conduct Authority has ever taken against a UK exchange, comes after the LME sparked widespread fury by retroactively canceling $12 billion of ...