The LME screwed up massively last year on Nickel which caused traders and hedge funds to lose billions of dollars after the price of Nickel shot up on the exchange by 240% in one day and then the LME cancelled all trades for that day. In doing so, the LME caused colossal losses to some of its biggest clients and is being sued currently in the London High Court, and has lost a lot of credibility around the world with some clients vowing never to use it again. What happened with Nickel is baffling and how the price got so high..an investigation is underway. The LME has a potential serious conflict of interest in Nickel, since the LME is owned by a Chinese company which produces Nickel although the CEO of that company in China was short on Nickel on the day it sky rocketed and so he also lost a fortune. It's all very baffling! But one thing is clear, the LME has the power to distrupt global metal prices and entire industries from its speculative futures trading on metal prices.
LME has lost its credibility; therefore, its history and legacy is actually irrelevant. When the LME finally closes shoppe what shall it be remembered for?
are you serious? they are a bunch of stupids, this must be completely electronic, no need of humans in this kind of transactions, this is hampering the market hugely
How helious become Chinese metal exchange (CME) or SHME (Shanghai metal exchange) that without the crown honor , the protencial losing confidential from the market investor, so , moving fund to brose (DE) market or KRX or Singapore stock exchange would be better , by fmr hkex DC manager ops By the way , what is meaning by the ring 🤔? It looks likes name of golden ring 🙄, a UK spy agency movie 😱, the old upper class gentleman which is totally different to punk young teenager style 😂 As a dummy who study UK boarding school , it seem that the south UK CBD would be prefer converative party , the north UK country side who prefer Labour party 🙄?
![⭐️( ลอยกระทง 2024 ) Ver. แดนซ์ Remix BY [ ดีเจกิต รีมิกซ์ ]](http://i.ytimg.com/vi/rMWOLhgXUHc/mqdefault.jpg)
I worked the ring for 20 years. I miss it like anything.
The LME screwed up massively last year on Nickel which caused traders and hedge funds to lose billions of dollars after the price of Nickel shot up on the exchange by 240% in one day and then the LME cancelled all trades for that day. In doing so, the LME caused colossal losses to some of its biggest clients and is being sued currently in the London High Court, and has lost a lot of credibility around the world with some clients vowing never to use it again. What happened with Nickel is baffling and how the price got so high..an investigation is underway. The LME has a potential serious conflict of interest in Nickel, since the LME is owned by a Chinese company which produces Nickel although the CEO of that company in China was short on Nickel on the day it sky rocketed and so he also lost a fortune. It's all very baffling! But one thing is clear, the LME has the power to distrupt global metal prices and entire industries from its speculative futures trading on metal prices.
great vid!
LME has lost its credibility; therefore, its history and legacy is actually irrelevant. When the LME finally closes shoppe what shall it be remembered for?
are you serious? they are a bunch of stupids, this must be completely electronic, no need of humans in this kind of transactions, this is hampering the market hugely
How helious become Chinese metal exchange (CME) or SHME (Shanghai metal exchange) that without the crown honor , the protencial losing confidential from the market investor, so , moving fund to brose (DE) market or KRX or Singapore stock exchange would be better , by fmr hkex DC manager ops
By the way , what is meaning by the ring 🤔? It looks likes name of golden ring 🙄, a UK spy agency movie 😱, the old upper class gentleman which is totally different to punk young teenager style 😂
As a dummy who study UK boarding school , it seem that the south UK CBD would be prefer converative party , the north UK country side who prefer Labour party 🙄?
You what ???