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Hedge Funds Walk Away from LME After $3.9B Trades Torn Up
- h2odragon 5y ago"Heads I win, Tails you lose" markets are only supposed to bit us peons, not the crusted uppers of the money managers. At least in public.
- haltingproblem 5y agoThis is really a battle between two upper crusted players or to be precise - a bunch of money managers and a exchange sponsored player. And that playing in a listed derivative markets and are akin to playing in a casino, if the casino (exchange) changes the rules to favor a house player then you are SOL. Here the LME seems to have changed the rules to benefit its own.