LME Delays Settlement of Physical Trades After Technical Glitch
The London Metal Exchange postponed settlement of all physical contracts with an October 28 prompt date until the next day after a technical disruption on Tuesday.
The London Metal Exchange (LME) has postponed settlement of all physical contracts with a prompt date of October 28 until the next day due to a tech disruption, it said on Wednesday.The exchange, the world's oldest and largest market for industrial metals, said the incident on Tuesday meant that ma…