01.08.2014 - London platinum/palladium fixes seek third-party admin, in wake of silver/gold
The world of precious metals price setting was once again in the spotlight Thursday on the back of news that The London Platinum and Palladium Fixing Company Limited is looking for a third party to administrate the daily London platinum and palladium fixes. The news came hot on the heels of an announcement Tuesday that The London Gold Market Fixing Limited and the London Bullion Market Association are seeking proposals from third parties to "assume administration" of the future London gold fix. The entire London "fixing" process has been in the spotlight for many months on the back of increased regulatory scrutiny...............................................Full Article: Source
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