The US exchange and data vendor have won out over various rivals
CME and Thomson Reuters have won a joint bid to take over
the running the 117-year-old London silver price benchmark.
The decision by the London Bullion Market Association (LBMA)
to select CME and Thomson Reuters comes after a consultation
with market participants, solution providers and
According to a number of surveys and interviews from the
LBMA, there was a clear market consensus for an electronic
solution and the CME/Thomson Reuters proposal was favoured.
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