Summary
- The London Metal Exchange (LME) said it has temporarily halted trading in some key metal futures contracts.
- The LME said trading was suspended in major contracts, but the scope of the affected contracts and the cause were not disclosed.
- The London Metal Exchange said it is a key global market for metal price discovery, handling futures trading in major industrial metals such as copper, aluminum and nickel.
Forecast Trend Report by Period
The London Metal Exchange (LME) has temporarily halted trading in some key metal futures contracts.
According to Walter Bloomberg on the 16th (local time), the LME said trading had been suspended in major contracts. The specific scope of the affected contracts and the cause have not yet been disclosed.
The London Metal Exchange is a market that plays a central role in global metal price discovery, where futures in major industrial metals such as copper, aluminum and nickel are traded.
The suspension is understood to be a measure that can be triggered by various factors, including heightened market volatility or system checks.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
