Summary
- The London Metal Exchange (LME) said it has temporarily suspended trading in some key metal futures contracts.
- The LME noted it plays a pivotal role in global metal price discovery, with futures trading in major industrial metals such as copper, aluminum and nickel.
- The trading halt is known to be a measure that can be triggered by various factors, including heightened market volatility or system checks.
Forecast Trend Report by Period
The London Metal Exchange (LME) has temporarily suspended trading in some key metal futures contracts.
According to Walter Bloomberg on the 16th (local time), the LME said trading had been halted in major contracts. The specific scope of the affected contracts and the cause have not yet been disclosed.
The LME is a market that plays a pivotal role in global metal price discovery, where futures in major industrial metals such as copper, aluminum and nickel are traded.
The trading halt 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.
