The Financial Conduct Authority announces an update to its April 2022 statement regarding the London Metal Exchange’s suspension of its nickel market.
In April 2022, the Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA), and the Bank of England issued a joint statement regarding the London Metal Exchange’s (LME) decision to suspend trading on its nickel market on 8 March 2022. Commodity markets around the world have experienced volatility and difficult liquidity conditions making the continued …