"The LME was ill-informed as to the size of the positions in the market, and they didn't know it was all concentrated in one hand," said Browning. "The LME didn't know that there was one company sitting on the other side of this with a 150,000-ton short."
John Browning of BANDS Financial discusses the London Metal Exchange's suspension of nickel trading and says it has created a "crisis of confidence" around it.
As part of the joint INE & SMM webinar on the future outlook and trading opportunities of INE copper, John Browning, Managing Director of BANDS Financial, was invited to explain how international investors can trade Chinese commodity futures.
