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Silver Fix, fix: 10 firms in the early running

Posted on 17 June 2014

Ten companies are interested in developing and running a replacement for the century-old London silver fixing benchmark that will end in August.
The London Bullion Market will create a shortlist from the requests for proposals and the industry group’s members will consider presentations at a seminar in London on June 20, the LBMA said today in a statement on its website. A survey conducted in May showed the market wants an electronic, auction- based process and one that’s tradable, the LBMA said June 5………………………………………..Full Article: Source


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