LME fined Citi Global Finance £50, 000 for reporting errors in the documents.

[LME fines Citigroup Global Finance £50,000 for reporting errors] according to an email statement, the London Metal Exchange agreed to settle with Citigroup Global Finance (Citigroup Global Markets) for reporting errors in commodities positions, including a fine of £50000. Related to the issue that Citigroup Global Financial submitted duplicate commodity position reports in two different events in April 2022.