LME says delays settlement of physical trades after technical glitch
LONDON, Oct 28 (Reuters) - The London Metal Exchange (LME) has postponed settlement of all physical contracts with a prompt date of October 28 until the next day due to a tech disruption, it said on Wednesday.
The exchange, the world's oldest and largest market for industrial metals, said the incident on Tuesday meant that many trades were recorded with incorrect prompt dates.
The LME is owned by Hong Kong Exchanges and Clearing Ltd. 0388.HK