London Metal Exchange
Elliott denied LME nickel crisis appeal at Supreme Court
Hedge fund had sought $456m in damages over 2022 debacle
FCA fines London Metal Exchange £9.2m over 2022 nickel debacle
Penalty marks FCA’s first enforcement action against a UK exchange
3 min read
London Metal Exchange approves Hong Kong warehouse as gateway to China
The LME is seeking closer links to the key Chinese market
2 min read
How Hogan Lovells sealed victory for the LME and Skadden’s big Middle East play
Catch up on this week’s top legal news
3 min read
LME defeats Elliott Management in nickel crisis appeal
The investment firm sued the exchange for $456m in damages after a historic trading shutdown
3 min read
Ex-Credit Suisse finance head joins London Metal Exchange
Robert Arbuthnott spent seven years as head of group finance at Credit Suisse
2 min read
London Metal Exchange pushes for more electronic trading in shake-up
CEO Matthew Chamberlain said the changes will improve prices and help financial traders on the exchange
3 min read
Societe Generale ends trading ring membership at the LME
With SocGen’s exit there are now only seven members left in the ring
1 min read
LME to woo financial traders as Elliott appeals in nickel case
The metal exchange is trying to rehabilitate its reputation as well as attract new customers
4 min read
LME says ‘no proper basis’ to overturn court’s approval of nickel trade cancellations
The LME’s counsel argued the exchange had a regulatory obligation to intervene and that Elliott was repeating arguments already struck down by the lower court
3 min read
Elliott says London Metal Exchange failed to disclose vital documents in nickel dispute
Elliott said the LME failed to disclose all relevant information before it went to court in June 2023
3 min read
London Metal Exchange and Elliott Management head back to court for nickel ruling appeal
Elliott is appealing a November High Court verdict that backed the LME’s decision to void billions in trades
Two years on: LME nickel crisis breeds courtroom drama, vindication and reform
The decision to cancel $12bn in nickel trades created one of the most serious crises in the exchange's 147-year history
LME hires new general counsel from JPMorgan
The LME’s new general counsel will have to deal with a series of lawsuits when she takes up the role
LME chief Matthew Chamberlain: ‘There’s always going to be criticism when you make a decision’
Two years on from the LME nickel crisis, its boss reflects on the fateful day and rebuilding its reputation
LME faces lawsuit over ‘dirty metals’ trading
Metals traded on the exchange are the product of 'environmental crimes', NGOs say
2 min read
LME court win affirms the broad powers of exchanges
The court said it would not second-guess the LME’s ‘specialist decision-maker’ role
3 min read
LME wins nickel court battle against Elliott and Jane Street
The LME faced a $470m lawsuit over last year's nickel crisis, but judges rule exchange was allowed a 'margin of discretion'
3 min read
Israel’s markets watchdog battles to stem volatility after Hamas incursion
Regulators and financial services firms braced for escalating conflict
3 min read