ED&F Man Capital Markets Limited (“EMV”) consented to pay a fine of GB £180,000 to resolve a disciplinary action by the London Metal Exchange. LME charged that EMV did not have “appropriate and adequate risk management systems in order to detect, deter, and deal with potential instances of market abuse which could have been routed by its clients to the LME” by direct electronic access. LME brought its charges after identifying suspicious order book trading activity routed to LME by a client of EMV by DEA. In settling with EMV, LME acknowledged that the firm was “open and cooperative” during the course of its investigation and implemented enhancements to its risk management systems and controls. At the end of its published order related to EMV, LME cautioned all members to maintain appropriate and adequate systems to spot, help prevent and address trading conduct that may constitute market abuse.