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The London Metal Exchange (LME) is considering imposing position limits to restrict oversized bets that have recently disrupted the metals market. Energy trading companies such as Mercuria and Vitol have reportedly taken positions larger than the total inventory of certain metals, prompting the LME to discuss appropriate position limits in informal talks with market participants. The LME, which sets global benchmark prices for key industrial metals including aluminum, copper, and nickel, is exploring these new rules ahead of a regulatory transition scheduled for 2026, when oversight will shift from the Financial Conduct Authority (FCA).
The LME, which hosts global benchmark prices for key industrial metals such as aluminum, copper and nickel, has been discussing the appropriate level for position limits in informal conversations with market participants, according to people familiar with the matter. It has https://t.co/q7V0mIBWOK
LME Looks to Curb Big Bets as Energy Trader Billions Rock Metals https://t.co/mnBUn7VD4Q
👀position limits >> LME Looks to Curb Big Bets as Energy Trader Billions Rock Metals The LME, which hosts global benchmark prices for key industrial metals such as aluminum, copper and nickel, has been discussing the appropriate level for position limits in informal https://t.co/zpkmjs3oDI
