vrijdag 11 juli 2014

CME Silver Fix

Remember the end of the silver fix? Today we know who will do the administration of price setting from August 15 onwards.

It's the CME. And it's auction based, which is a good thing as manipulation will be eliminated. More participants will be able to trade it in an auditable way.
As the new silver-fix operators, CME Group will provide the price platform and methodology and Thomson Reuters will provide the administration and governance, the LBMA said.

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