In early March, nickel futures on the Chinese-owned London Metal Exchange (LME) surged by nearly 250 percent. The LME then made the unusual decision to suspend nickel trading for over a week, which canceled thousands of trades worth billions of dollars. That debacle resulted in a probe and several lawsuits. Recently, a Chinese banker explained…

In early March, nickel futures on the Chinese owned London Metal Exchange (LME) surged by nearly 250 percent. The LME then made the unusual decision to suspend nickel trading for over a week, which canceled thousands of trades worth billions of dollars. That debacle resulted in a probe and several lawsuits. Recently, a Chinese banker…