Today, Andrew Hauser has spoken on lessons from the 2022 LDI intervention, at the Initiative on Global Markets’ Workshop on Market Dysfunction, the University of Chicago Booth School of Business
In April 2022, the Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA), and the Bank of England (the Bank) 1 issued a joint statement regarding the London Metal Exchange’s (LME) decision to suspend trading on its nickel market on 8 March 2022 and cancel trades.