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LME Metal Price Updates Temporarily Halted on Electronic Trading System Technical Glitch
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The London Metal Exchange (LME) said on Monday that its electronic trading platform, LME Select, experienced a technical glitch, causing a temporary suspension of operations and halting trading. The issue is currently being addressed. The Workspace platform, which updates the LME's metal contract prices, stopped updating prices for metals including copper, aluminum, lead, zinc, nickel and tin. The LME issued a statement saying that it plans to activate a backup mechanism to produce closing prices, which will constitute a price disruption event. AASTOCKS Financial News Website: www.aastocks.com |
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