Hedge fund titan Clifford Asness joined traders in slamming the London Metals Exchange after the platform cancelled trades – a move that may have helped stem losses at a fund that was short the metal.
Nickel traders were blindsided this week as the wild ride in the metal saw prices more than double in overnight trading – prompting the London Metals Exchange to cancel orders and halt trading.
Original article: https://www.fnlondon.com/articles/hedge-fund-titan-clifford-asness-leads-trader-fury-after-lme-cancels-4bn-in-nickel-trades-20220311