The LME Nickel Crisis with Jack Farchy

The LME Nickel Crisis with Jack Farchy

On March 8th 2022, Nickel prices spiked 100% to $100,000 a tonne in a matter of hours, triggering billions of dollars in margin calls and threatening the very existence of the exchange. The LME took the unprecedented, and controversial, step of cancelling all trades made that day. A decision which enraged some but saved the exchange and the shorts, creating a cascade of legal battles continuing to this day (we recorded this episode prior to the UK’s FCA announcing an official investigation into misconduct). What started the crisis? Who was Mr Big Shot? What were the events that surrounded the run up in prices and how did it unravel the structure of the LME? Did the LME pose a systemic risk? What has been the fall out? Our guest is Jack Farchy, Senior Correspondent for Commodities at Bloomberg, who takes us through the crisis.

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Changing EU Policy & Energy Trading with Bart Verest

Changing EU Policy & Energy Trading with Bart Verest

In the wake of the energy crisis and the demands of the energy transition, the EU has enacted a series of regulations, and considering more, in the European energy markets. These will bring changes to...

20 Marras 202440min

The Metals Markets in 2024 and Beyond with David Wilson

The Metals Markets in 2024 and Beyond with David Wilson

Metals have had an interesting year so far. Prices have been volatile along with sentiment and narratives. Trading Houses have been rapidly expanding metals trading teams and funds have piled in. In t...

13 Marras 202451min

The HC Commodities Podcast Live Event: Commodities Trade in Volatile Times

The HC Commodities Podcast Live Event: Commodities Trade in Volatile Times

May you live in interesting times - as the proverb goes. Will those times continue? On October 16th, at the Yale Club in New York City, we held our latest Live Event hosted by ITFA with additional spo...

6 Marras 202446min

COP29: Article 6 and Transforming the Carbon Markets with Nick Marshall

COP29: Article 6 and Transforming the Carbon Markets with Nick Marshall

In mid -November, in Azerbaijan at COP29, momentous decisions could be made that would advance the carbon markets globally. What are they and what are the chances of that happening and what is the sta...

30 Loka 202447min

Protectionism with Alex Tuckett

Protectionism with Alex Tuckett

Commodities sit at the heart of global trade and as such are at the center of the rise of protectionism. After a long period of globalization and ever freer trade, there is a perceptible and growing s...

22 Loka 202441min

How Batteries are Changing Power Markets with Casey Keller

How Batteries are Changing Power Markets with Casey Keller

Utility scale batteries are proliferating across Western power grids, particularly in the US. And far more are set to come. These batteries offer the ability to manage grids, especially with the influ...

15 Loka 202445min

Punishing Putin with Stephanie Baker

Punishing Putin with Stephanie Baker

Russia’s full scale invasion of Ukraine in February 2022 triggered an avalanche of economics sanctions by the West. What followed was an undeniably world-changing financial experiment that risked thro...

8 Loka 202447min

US Natural Gas Trading in a Global Market: Live Event hosted by Six One Commodities

US Natural Gas Trading in a Global Market: Live Event hosted by Six One Commodities

Over the next two years, the US is set to export some 12bcf/d extra of LNG. What does this mean for the US market? Where will it go? And can supply keep up? Will there be sufficient demand in Europe? ...

1 Loka 202449min

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