Traders work on the floor of the London Metal Exchange in London, Britain, September 27, 2018.
Rebuilding the London nickel contract is clearly very much work in progress.
FIXING NICKELOthers, meanwhile, are looking to muscle into the LME's nickel price discovery domain.
The Shanghai market also took a big collateral hit from the London turmoil, volumes on its nickel contract collapsing by 53% last year relative to 2021.
The blow-out of the nickel contract and the resulting near-death experience of both brokers and exchange have sapped confidence in the historical market of last resort.
Persons:
Simon Dawson, Elliott, Nicolas Aguzin, Matthew Chamberlain, hasn't, it's, Ireland's, Kirsten Donovan
Organizations:
London Metal Exchange, REUTERS, U.S, Elliott Associates, Jane, Trading, Hong Kong Exchanges, HK, Bloomberg, London, Global Commodities Holdings, Abaxx Commodities Exchange, Canadian, Technologies Inc, Shanghai Futures Exchange, EV, CME, Reuters, Thomson
Locations:
London, Britain, London's, China, Shanghai, U.S