Currently viewing Global edition

Hedge funds demands LME phone transcripts in nickel crisis case

Hedge fund AQR Capital Management and four others are claiming that they lost $95million during the LME nickel crisis in March this year, where the exchange cancelled billions of dollars in nickel trades and suspended the market.

Hedge funds demands LME phone transcripts in nickel crisis case Hedge funds demands LME phone transcripts in nickel crisis case Hedge funds demands LME phone transcripts in nickel crisis case Hedge funds demands LME phone transcripts in nickel crisis case Hedge funds demands LME phone transcripts in nickel crisis case

The group of funds on Friday applied to force LME to hand over phone transcripts from March 8, the day that the trades were cancelled.