UPDATE 1-LME fines CWT 100,000 pounds for "Chinese Wall" warehouse violation

April 17, 2015 5:09 PM

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LONDON, April 17 (Reuters) - The London Metal Exchange (LME) has imposed a 100,000 pound ($149,310) fine on CWT Commodities for violating so-called "Chinese Wall" restrictions of its warehousing policy.

The 138-year old LME is in the midst of a wide-ranging reform of its global network of warehouses that store industrial metals such as aluminium and copper.

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