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Elliott Launches New Legal Action Against LME Over Nickel Trades
Source: Bloomberg
Legal & LitigationAntitrust & CompetitionCommodities & Raw MaterialsCommodity Futures
Elliott Investment Management has sued the London Metal Exchange, alleging that the exchange's handling of the nickel-market crisis breached UK competition rules. The litigation creates legal and regulatory risk for the LME and its parent, with potential implications for confidence in nickel futures market governance and trading rules.
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