LME launches sweeping plan to revive nickel contract

March 30, 2023

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📚 Daily Digest | Thursday, Mar 30, 2023

LME launches sweeping plan to revive nickel contract

The London Metal Exchange (LME) on Thursday announced measures to revive its nickel contract after last year's trading chaos while also launching a consultation on moves to boost liquidity in electronic trading.

The world's largest and oldest metals trading venue plans to work with China's Qianhai Mercantile Exchange, also owned by Hong Kong Exchange and Clearing, to launch a new, lower-grade nickel contract.

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