16
Mar
12:53
LMEselect nickel trading resumes after hiccup
The London Metal Exchange (LME) suspended nickel trading on LMEselect on Wednesday morning shortly after it had restarted due to an IT system error. Trading then resumed again at 14:00 GMT.
In the morning, upon reopening, the uncrossing algorithm discovered an opening price of $45,590/tonne – the lower daily limit – but then LMEselect allowed a small number of trades to be executed below this lower daily price limit.
All nickel trades executed on LMEs…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous