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Commodities Briefing - Categorized | Bullion/Gold, Market Moves, Trading Platforms more

London gold market boosts transparency with new platform

Posted on 13 October 2016

In 2017 physical gold trades by LBMA members will be reported to a platform run by Boat Services. The London Bullion Market Association, which oversees the city’s $5tn gold market, has named the financial technology firms that will run its electronic platform in an effort to bolster trading transparency for the precious metal.
Starting in the first quarter of next year, physical gold trades by LBMA members will be reported to a platform run by Boat Services, a London-based company that provides financial trading technology, and its partner Autilla, another fintech start-up……………………………………..Full Article: Source


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