In a statement on Thursday, the Financial Conduct Authority said it was the first time it had fined an investment exchange, ...

The exchange, famous for its central 'ring' where traders make deals, failed to ensure it could deal with 'severe market stress', the FCA said.

Britain's financial regulator fined the London Metal Exchange on Thursday for allowing nickel prices to surge out of control ...

Britain's main financial regulator fined the London Metal Exchange £9.2 million for failing to ensure its systems and controls were up to dealing with severe market stress. The fine, equivalent to ...

Copper traded on the London Metal Exchange (LME), or LME copper, is priced per metric ton (MT). COMEX copper, or contracts traded on the COMEX division, is priced per pound. Both markets provide ...

The FCA said the London Metal Exchange ‘should have been better prepared to address the serious risks posed by extreme volatility’.