Stock Groups

Elliott Associates sues LME for $456 million over nickel trading halt

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© Reuters.

HONG KONG (Reuters), Elliott Associates, a fund manager has sued London Metal Exchange over $456 million. The suit stemmed from the March suspension and cancellation on the platform of nickel trades.

LME, LME Clear Limited and Elliott Associates have named them as defendants in a claim for judicial review that was filed by Elliott International and Elliott International in June.

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