Bloomberg: London Metal Exchange delayed trading start in Asia by 90 minutes on Wednesday

Bloomberg: London Metal Exchange delayed trading start in Asia by 90 minutes on Wednesday

• No reason offered up ... someone in trouble with margin? I wonder.

The London Metal Exchange delayed the start of trading in Asia by 90 minutes on Wednesday

• electronic platform opened at 9:30 a.m. Beijing time instead of the usual 8 a.m
• No reason was given according to unnamed LME traders quoted by Bloomberg
• The exchange didn’t immediately respond to a request for comment.

---

It takes quite a reason for an exchange like the LME to delay its open. If I was, say, short a few gold contracts and asked the exchange to delay open while I scrambled to provide margin they'd laugh at me. But, if I was a whale .... well, maybe they'd be more accommodating. Just spitballing here.