London Metal Exchange says it is experiencing technical disruptions in some downstream processing systems
ORIGINAL · NewsquawkLondon Metal Exchange says it is experiencing technical disruptions in some downstream processing systemsRead originalHide original
"Although market trading proceeded normally, this has resulting in a large number of trades being recorded in those downstream systems with incorrect Prompt Dates, including at the front of the curve, which (without further action) could cause significant issues with the settlement process (the “Incident”)."
The LME reported normal trading alongside downstream processing disruptions that recorded many trades with incorrect Prompt Dates and could affect settlement without further action.
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"Although market trading proceeded normally, this has resulting in a large number of trades being recorded in those downstream systems with incorrect Prompt Dates, including at the front of the curve, which (without further action) could cause significant issues with the settlement process (the “Incident”)."
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