ICE took over administration of the gold benchmark in March last year
Exchange operator the Intercontinental
Exchange has said it will introduce central clearing for the
IBA gold auction in the latest development in the
exchange’s revamp of the LMBA gold price
The IBA gold auction underlies the new
LBMA gold price regime, which is planned to go live in March
2017, and a new London physical gold daily futures contract,
which will go live in February 2017.
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