LONDON (Reuters) – The London Metal Exchange (LME) cancelled all nickel trades that took place on Tuesday when prices doubled in a matter of hours and spurred the exchange to suspend trading.
“The current events are unprecedented,” it said in a notice to members. “The suspension of the nickel market has created a number of issues for market participants which need to be addressed.”
(Reporting by Eric Onstad, Editing by Louise Heavens)
