The Intercontinental Exchange unit is also working on reforms to Libor
Exchange’s benchmark unit has completed the latest
round of its reforms to the process of fixing the daily gold
price, leaving the ICE division to focus on changes to the
ICE Benchmark Administration said it will
implement changes based on client feedback on three key areas:
the approach if there are fewer than three firms quoting the
auction; the seller’s premium; and the publication
of prices in Euro and sterling.
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