NYSE Owner Starts Gold Futures in London, a Market Without One Since 2022
4 Articles
4 Articles
The Intercontinental Exchange, which controls the New York Stock Exchange (Nyse), has launched a new future gold contract in London, with the aim of establishing a derivative market at the world's leading physical gold pole. Exclusive material for subscribers. To have full access, access the material link and register.
ICE has added daily futures contracts to its London-based physical gold market. This move, launched alongside silver, platinum, and palladium, could narrow price differences between London and New York and broaden hedging opportunities.
NYSE Owner Starts Gold Futures in London, a Market Without One Since 2022
Intercontinental Exchange (ICE) has begun trading gold futures in London, the Financial Times reported today (Tuesday). The New York Stock Exchange owner launched the contracts alongside futures on silver, platinum and palladium.The contracts are priced off the daily London auctions that ICE runs to set benchmark prices for the four metals, according to the FT. They cover delivery from a single day up to six months ahead and clear through ICE's …
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
