Ice launches gold futures trading in London
Contract gives market participants new risk management tools, head of Ice Europe says
US financial services company Intercontinental Exchange (Ice) has launched a new gold futures contract in London, seeking to revive a derivatives market in the world’s largest market for bullion.
The physically settled daily futures contract began trading on October 5, along with new futures for silver, platinum and palladium.
Chris Rhodes, president of Ice Futures Europe, tells Central Banking that London is “the centre of the global physical precious metals market, and we believe it’s
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