Nickel Electronic Trading Halted As LME Hit By Glitch: Bloomberg
Nickel Electronic Trading Halted As LME Hit By Glitch: Bloomberg
Nickel electronic trading halted minutes after it restarted at The London Metal Exchange ('LME'), citing a technical issue with its new daily limit, as prices plunged when the market opened after a week-long suspension, reported Bloomberg.
据彭博社报道，伦敦金属交易所(LME)镍电子交易在重启几分钟后暂停，理由是新的每日涨停限制存在技术问题。在暂停一周的市场开盘后，镍价格暴跌。
What happened: Trading restarted at 8 a.m. GMT and nickel futures immediately fell through the 5% daily window before the market was suspended again.
发生的事情：交易于上午8点重新开始。GMT和期镍立即跌破5%的日线窗口，之后市场再次暂停交易。
Related: Nickel Trading To Resume In London With Curbs on Wednesday After Week-Long Halt: Report
相关：在暂停一周后，伦敦的镍交易将于周三恢复，并受到限制：报道
As per Bloomberg, the exchange said it halted electronic trading to investigate the problem and cancel a "small number" of transactions. Phone-based trading remains open, and brokers in the open-outcry floor known as "the Ring" will trade nickel later today.
据彭博社(Bloomberg)报道，港交所表示，它暂停了电子交易，以调查这一问题，并取消了“少量”交易。以电话为基础的交易仍然开放，被称为“The Ring”的公开喊价大厅的经纪商将在今天晚些时候交易镍。
Why it's Important: The drop in prices signifies that last week's historic short squeeze is easing, narrowing the gap between nickel contracts on the LME and those on Shanghai Futures Exchange.
为什么它很重要：价格下跌表明，上周历史性的做空正在缓解，缩小了伦敦金属交易所镍合约与上海期货交易所镍合约之间的价差。
The LME announced it would reopen the nickel market this week after Tsingshan secured a standstill agreement with its banks.
在清山与其银行达成停顿协议后，LME本周宣布将重启镍市场。
Related: JPMorgan In Talks With Tsingshan To Contain Nickel Crisis: WSJ
相关：摩根大通与清山集团谈判遏制镍危机：《华尔街日报》
On Wednesday morning, only 206 lots, or 1,236 tons of nickel, changed hands before the market stopped trading within seconds. Most of those trades took place at the limit price of $45,590 a ton.
周三上午，在市场几秒钟内停止交易之前，只有206手，即1236吨镍易手。其中大部分交易是在每吨45,590美元的限价下进行的。
Shanghai Futures Exchange contracts closed up 8.6% at 235,200 yuan ($37,048) a ton but remained below LME prices before the London market opened, Bloomberg notes.
彭博社指出，上海期货交易所期货合约收盘上涨8.6%，至每吨235,200元人民币(合37,048美元)，但在伦敦市场开盘前仍低于LME价格。