Skip to content
  • Home
  • About
  • Contact
  • Page
  • ​Master SEO Tactics
  • Top 9 Finance News Websites Ranking
wikifx

wikifx

  • Home
  • About
  • Contact
  • Page
  • ​Master SEO Tactics
  • Top 9 Finance News Websites Ranking
  • Toggle search form
  • Equiti Capital adds CFO Sheetal Chouhan to its Board of Directors forex news
  • Robinhood goes to a “primarily remote approach” workplace forex news
  • Exclusive: Spreadex CEO Jonathan Hufford steps down, as revenues rise 41% in 2021 forex news
  • SEC to move for default against ex-Goldman analyst accused of insider trading forex news
  • BNY Mellon names Jennifer Barker CEO of its Treasury Services business forex news
  • NAGA Pay launches in Appstore and Google Play forex news
  • Exclusive: GMO-Z.com Trade UK applies to cancel FCA license forex news
  • BDSwiss response to the FCA announcement forex news

LME sets firm daily price limits for Nickel outrights

Posted on 2022-03-16 By admin No Comments on LME sets firm daily price limits for Nickel outrights

LME today published a notice regarding daily upper and lower price limits in either direction for outright Contracts in all base metals. The notice sets out firm daily price limits for Nickel outrights and reconfirms the daily price limits that will be applied to all other base metal outrights, and sets out the dates from which these daily price limits will apply.

For the avoidance of doubt, hitting any price limit will not automatically result in the suspension of trading. As such it is possible for the market to trade to a limit, then away from that limit as a result of changing market conditions. As a result of this, it is possible that daily price limits (both on the up- and down- side) are hit multiple times within a Business Day. However, this will not result in any intra-day changes to these daily price limits.

The LME says it is committed to monitoring its markets with a view to maintaining a fair and orderly market and may issue further guidance on daily price limits in due course and may adjust the daily price limits further, at its discretion.

In relation to Nickel, and in the light of the impending resumption of trading, the LME intends to review the appropriateness of the Nickel daily price limits at the end of trading on 16 March and may, subject to prevalent market conditions, adjust these limits. Subject to ongoing monitoring, the LME’s expectation is that Nickel price limits will reach the 15% level employed for other base metals, as the market situation normalises.

Trades on Execution Venues other than LMEselect will be prohibited through manual controls rather than through systematic means, from being Executed outside the daily price limit.

forex news Tags:forex-news

Post navigation

Previous Post: CFTC imposes $3.25M fine on ED&F Man Capital Markets
Next Post: Binance secures Dubai Virtual Asset License

Related Posts

  • FXCM adds Australia single share CFDs forex news
  • eToro spending millions on Super Bowl ad forex news
  • TraderEvolution adds options trading and analysis tools to its mobile apps forex news
  • SIX Swiss Exchange partners with Venturelab forex news
  • Alpha FX names Nick Maton as Managing Director, Luxembourg forex news
  • Over 800 clients of Reyker Securities yet to submit claims forex news

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • EUR/USD Holds Near 1.05 as Fed, ECB Policies Shape Market Sentiment
  • Gold Prices Hold Steady Amid Global Economic Uncertainty
  • Australian Dollar: How RBA Policies, Commodity Prices, and Global Tensions Are Shaping the AUD’s Market Performance
  • EUR/USD: Understanding the Currency Pair’s Trends
  • USD Under Pressure: Navigating Economic Data and Global Uncertainties

TAG

Axiory Review 2022 B2B B2Broker News Basic Forex Knowledge broker brokers brokers in the UK Brokersview Broker tools CFDs coin News cryptocurrency Cryptocurrency News Crypto News dogecoin FCA news finance forex forex-news Forex Broker Forex Brokers Forex Demo Account Forex market forex news forex scams forex time Forex trading fx fxtrader fxtrading Global Forex Gold Analysis HotForex InstaForex LiteForex Review 2022 markets work MT4 MT5 news OctaFX Review Samtrade FX South Africa trade Forex traders Trading Forex
  • ProMEX selects Exberry core matching engine for commodities digital marketplace forex news
  • Monex to launch wealth management services forex news
  • Finablr issues statement on striking off notice forex news
  • DOJ seeks to stay SEC action against BitConnect forex news
  • NAGA Group raises €22.7 million as Apeiron takes big stake forex news
  • Russian c-bank launches testing of digital ruble platform forex news
  • Interactive Brokers now offers low, simple stock pricing in Europe forex news
  • Nadex bans FX trader for hiding disciplinary history forex news

Copyright © 2025 wikifx.

Powered by PressBook News WordPress theme