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LME says disclosure request over nickel meltdown ‘without merit’

September 20, 2022 Comments Off

The London Metal Exchange plans to defend itself against legal action filed by five investment firms over the exchange’s decision to suspend nickel trading in early March, a spokesperson said Sept. 20. AQR Capital Management, DRW Commodities, Flow Traders, Capstone Investment Advisors and Winton Capital Management filed an application Sept. 7 in the London Commercial Court. The investment firms are…