Bloomberg: gold trading in Moscow gets a boost after London link..... | NG Message Board Posts


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Msg  8097 of 8116  at  10/19/2021 2:29:14 PM  by

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Bloomberg: gold trading in Moscow gets a boost after London link.....



From www.gata.org dispatches:

quote


old trading in Moscow gets a boost after London link


By Yuliya Fedorinova and Evgenia Pismennaya
Bloomberg News
via Yahoo News, Sunnyvale, California
Tuesday, October 19, 2021

The Moscow Exchange plans to further boost gold trading in the worlds No. 2 miner after creating closer ties to the key London market.

The bourse in September started a link so users can trade spot gold at London prices using its own clearing system and with international banks including JPMorgan Chase & Co. and Credit Suisse Group AG providing liquidity. The aim is to make trading easier for participants from miners to retail investors, and the exchange is working on a similar link with Shanghai, possibly for next year.

... Dispatch continues below ...



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