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From:
Office of Financial Research - Working Papers
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Central Clearing and Trade Cancellation: The Case of LME Nickel Contracts on March 8, 2022
https://www.financialresearch.gov/working-papers/2024/12/10/central-clearing-and-trade-cancellation/
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This paper describes the contract cancellations at the LME in March 2022 and considers the implications of contract cancellation powers for financial stability more generally (Working Paper no. 24-09).