March 16 (Reuters) - The London Metal Exchange said on Monday its electronic market LME Select had been hit by a technical halt and that trading was unavailable as it worked to resolve the problem.
Given the proximity of the 1600-1700 GMT pricing window, the LME expects to apply its backup pricing waterfall approach to produce closing prices, which would result in a pricing disruption event, a spokesperson for the exchange said.
(Reporting by Tom Daly; Editing by Hugh Lawson)
((Tom.Daly@thomsonreuters.com;))
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