China Merchants Securities (UK) Limited and Société Générale International Limited (formerly Société Générale Newedge UK Limited) each agreed to pay fines to the London Metal Exchange to resolve disciplinary actions alleging they did not file daily position reporting files accurately and timely. SGN’s errors allegedly occurred on 10 days in 2016 and 2017, while CMS’s mistakes happened on three days in 2016. SGN agreed to pay a fine of GBP 5,000 (US $6,272) while CMS agreed to pay a fine of GBP 2,000 (US $2,509).