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LME nickel suits reach at least $581 million | Hotter Commodities

Published: March 17, 2023

Read more about how the London Metal Exchange is facing lawsuits seeking damages collectively worth more than half a billion dollars for losses that investors allege they suffered as a result of nickel trades being canceled by the exchange last year

Source: fastmarkets.com

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Hong KongCity OfUnited KingdomCommodity Asset ManagementElliot Management CorpFinancial Conduct AuthorityJane StreetUnited Kingdom Based Double EightFirst ProtocolEuropean ConventionHuman RightsLiquidity Roadmap

AQR leads 10 hedge funds suing LME over nickel trade debacle

Published: March 6, 2023

AQR and DRW Commodities alongside others are seeking around £80 million, according to the LME.

Source: mining.com

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Hong Kong GeneralHong KongUnited KingdomPentimon LtdCommodity Asset ManagementTsingshan Holding Group CoPala Investments LtdHong Kong Stock ExhangeElliott Investment ManagementJane StreetAsset ManagementWelton Investment PartnersSunrise Capital Partners