FCA fines London Metal Exchange £9.2m over 2022 nickel volatility Investing The Financial Conduct Authority handed a landmark £9.2m fine to the London Metal Exchange after it failed to prevent extreme volatility in the nickel market in March 2022. In its first ever enforcement action against an investment exchange, the FCA criticised the exchange’s systems and controls that did not ensure “orderly trading under conditions of [...]
Why the nickel market is suffering on a consumer steer away from EVs Nickel This glut of nickel has pushed the price down, Shah said, adding that prices will “remain under pressure throughout 2024.”
