LONDON, March 31 The London Metal Exchange (LME)
has imposed a $1.4 million fine on the metals warehouse unit of
commodity group Glencore over alleged falsified
documents, it said in a statement.
The exchange, the world's oldest and largest market for
industrial metals, said Glencore's Access World agreed to pay
the fine "without admitting any of the alleged breaches".
"The exchange reminds the market that it expects its listed
warehouses ... to act with integrity at all times," the LME,
owned by Hong Kong Exchanges and Clearing Ltd., said
in the statement.
(Editing by David Evans)