HKEX faces Elliott claim at UK tribunal over LME nickel trading controls

• HKEX was named as a defendant in a new claim filed by hedge fund Elliott at the UK Competition Appeal Tribunal on Sept. 3, 2026 over losses tied to cancelled nickel trades on the London Metal Exchange.
• Elliott alleges HKEX and the LME abused a dominant position under the UK Competition Act 1998, citing alleged failures to prevent disorderly trading during market stress and to manage volatility and conflicts of interest.
• The claim has not been served on HKEX, which said Elliott must first obtain tribunal permission to do so.
• HKEX said it views the case as without merit and will contest it.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HKEx - Hong Kong Exchanges and Clearing Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260908-12324282), on September 08, 2026, and is solely responsible for the information contained therein.