Ice welcomed Bank of China as its first Asian participant on Tuesday
The Intercontinental Exchange told FOW it
is in talks with other firms about participating in the gold
auction process after Bank of China became on Tuesday the first
Asian and the eighth large bank to sign-up to participate in
Finbarr Hutcheson, the president of ICE
Benchmark Administration, said: "We are seeing increased
interest in the gold auction and we expect to see further firms
join the process soon."
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