Linked

      Mar 09 2022
      Market disruption to LME Nickel affecting the UBS Commodity Quarterly Backwardation Select- 12 Index (MBCIT312)

      The London Metals Exchange (LME) has suspended trading in all Nickel contracts effective 8 March 2022. The LME has set out criteria for trading in Nickel to resume which is not anticipated before 11 March 2022.

      Where LME Nickel prices are used in the determination of the below index, official settlement prices for 7 March 2022 will be used until such time that trading resumes or a further notice is issued.
      Ticker Index name
      MBCIT312 UBS Commodity Quarterly Backwardation Select- 12 Index

      For more information, please contact us at indices@ihsmarkit.com.