LME fines BNP Paribas 120,000 pounds for rule violations

Hong Kong Exchanges and Clearing

10/04/2026 14:02

LONDON, April 10 (Reuters) - The London Metal Exchange (LME) has fined member BNP Paribas BNPP.PA 120,000 pounds for violations of the exchange's rules relating to risk-management systems, the exchange said on Friday.

The exchange, the world's oldest and largest market for industrial metals, said that the bank had failed to submit timely commodity position reports several times in September 2024.

It also failed to submit options volatilities data during 16 business days in the same month.

The LME is owned by Hong Kong Exchanges and Clearing Ltd. 0388.HK

 (Reporting by Eric Onstad
Editing by David Goodman
)

 ((eric.onstad@thomsonreuters.com; +44 20 7542 7093; Twitter https://twitter.com/reutersEricO; Reuters Messaging: eric.onstad.thomsonreuters.com@reuters.net))