Nickel Trade Halted on LME as Price Spikes 250%

Nickel Trade Halted on LME as Price Spikes 250%

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the historical context of the London Metal Exchange (LME) suspending metal trading in 1985 and compares it to the current situation with nickel, which is driven by margin calls. It highlights the volatility in the market and the role of the LME in managing these shifts, raising questions about future developments.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker find interesting about the LME's role in managing market volatility?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What questions does the trading halt raise about the future?

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