LME Boss Wants to Unlock Commodity Trading’s Black Box - BNN Bloomberg Without transparency on OCT, all safety checks on the smooth running and functionality of the exchange are out of the window. Same happened during credit crunch in 2008/9 with mortgage backed securities. Thing is ..... However, a select number of banks have large internal OTC trading platforms where clients’ positions are often netted off against each other, rather than being hedged on the LME. This is a dark pool of capital, one can only wonder who owns these capital, dirty money, mafia, dictator, or even our political leaders... Is well known that these days banks are the recycling tool of dirty capitals escaping taxation, or worst, capital coming from drug cartels or even the Church. Anyhow lets see where it goes with disclosure of OCT, Nickel is still needed out there and will be bought and sold doesn't matter what...
NIC Price at posting:
$1.25 Sentiment: Buy Disclosure: Held
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