Nickel Market Normalizing After Short Squeeze: LME CEO

The transcript discusses the recent market trends, focusing on the short squeeze and its resolution. It highlights the LME's response, including technical challenges and the implementation of price limits. The impact of the OTC market and systemic risks are examined, along with efforts to rebuild trust and address ownership concerns. The discussion also covers trader compensation, future plans, and the impact of the Russia-Ukraine conflict on the market.

What factors contributed to the recent price decline in the nickel market?

How did the short squeeze impact the nickel prices?

What changes were made to the LME's trading systems to address the market situation?

What role did OTC markets play in the nickel market crisis?

What measures are being taken to rebuild trust with investors in the LME?

How does the LME plan to handle the situation regarding Russian metals?

What are the implications of the price limits implemented by the LME?