Trust in LME management's ability to efficiently run the world's largest and oldest forum for metals shattered last year after a disorderly market forced the exchange to suspend nickel trading for the first time since 1988.
"The system isn't going to be operational by April, there are too many flaws," one of the sources said, adding that costs last year had already doubled from the amounts budgeted."We recognise that some participants have requested extensions ... We will be sympathetic to such requests, even if this were to result in a short delay to target go-live dates," the LME said in response to a request for comment.Sources said the front-end trading platform developed by U.S.
Source: Digital Coin News (digitalcoinnews.net)
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