05.06.2014 - ETF Securities enters race to provide silver price benchmark
One of the biggest providers of exchange traded funds has entered the race to develop a new global silver price benchmark when the 117-year-old London silver fix is disbanded in August. ETF Securities, which pioneered gold-backed ETFs and oversees $19bn in assets, said on Wednesday that it had submitted a detailed proposal to the London Bullion Market Association (LBMA), and was consulting market participants...............................................Full Article: Source
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