Trading

Nickel debacle continues as LME halts trading one hour after restart

The LME suspends trading nickel again due to a 'system error' after halting trading for more than a week

As trading resumed on the London Metal Exchange, the 3-month contracts for Nickel had dropped below $45,590, the 5% threshold
As trading resumed on the London Metal Exchange, the 3-month contracts for Nickel had dropped below $45,590, the 5% threshold Photo: Getty Images

The London Metal Exchange has once again suspended the trading for nickel an hour after it started trading on the exchange once more.

In a notice to its members on 16 March, the LME said a system error has caused the more recent suspension as it looks to investigate the issue.

WSJ Logo