London Metal Exchange halts trading in #Nickel after an unprecedented 250% price spike left brokers

0
353

London Metal Exchange halts trading in #Nickel after an unprecedented 250% price spike left brokers struggling to pay margin calls. Top producer Tsingshan under pressure to meet margin calls. Prices spiked as short position holders scrambled to close out. h/t Holger Zschaepitz

London Metal Exchange halts trading in #Nickel after an unprecedented 250% price spike left brokers

Our Twitter for Quick Updates: Twitter Follow Us

This site uses Akismet to reduce spam. Learn how your comment data is processed.