Elliott and Jane Street: Unravelling The Short Squeeze Court Case

The London Metal Exchange (LME) emerged victorious in a court battle against Elliott Investment Management and Jane Street over its decision to halt a short squeeze in the nickel market.

The court ruled in favor of the LME, stating that its executives have the authority to make urgent decisions.

Last year, the LME faced backlash for suspending the nickel market and cancelling $12