General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
Patrick Boyle
comments
Comments by "" (@thomasherrin6798) on "Cancelled Nickel Trades on the LME" video.
There were "Off the books" deals which because they were not being transparent about and most probably coming to light after the trade suspension the LME Brokers exposed by "Big Shot" failed all or nothing gamble were left exposed to a debt he was unlikely to pay, and recovery of money from China would prove near impossible, so they cancelled all the previous days trade to save themselves, going forward they eradicated "Off the Books" deals to take a full view of what the movers and shakers were up to, the LME has still not recovered it's trade, it has numerous law suits and regulatory attention, China has only had it for the last 11 years and knackered it, after being around for 147 years!?!
1