The partners have taken over responsibility for the silver price fix from the incumbent
CME Group and tech vendor Thomson Reuters said on Friday
that their new silver price fixing service went live as
planned, marking the first commodity to switch to new
The Chicago exchange group, Reuters and the London Bullion
Market Association said the new over-the-counter spot silver
pricing mechanism ran for the first time at midday and the
benchmark was published shortly after that by Thomson Reuters
and the LBMA.
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