China Construction Bank Gets Reprieve on Metal Margin Calls

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Jack Farchy
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LME has given CCBI Global Markets more time to make payment
Margin calls were in the hundreds of millions of dollars

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Javier Blas 11 months ago

BOOM!!! Nickel prices surge above $100,000 a tonne on a huge metal short-squeeze. The London Metal Exchange has given a unit of China Construction Bank Corp. extra time to pay $$$$ in margin calls it missed Monday. Do follow @jfarchy for more and read this