HKEX and LME face new Elliott claim on cancelled 2022 nickel trades
HKEX and the London Metal Exchange said they have been hit with a new claim from Elliott Associates over cancelled 2022 nickel trades, renewing its legal challenge after UK courts dismissed an earlier case.
Hong Kong's bourse operator said on Tuesday that HKEX HKEX:388 and the London Metal Exchange have received a new claim from Elliott Associates over cancelled 2022 nickel trades, as the hedge fund renews its legal challenge after UK courts dismissed its earlier case.