ICE Starts Gold Futures in London Market Dominated by Top Banks
AI Summary
Intercontinental Exchange has launched new gold futures contracts in London, seeking to expand exchange-traded activity in a market largely conducted over the counter. The market is currently dominated by a small number of global banks.
Intercontinental Exchange Inc. has launched new gold futures contracts in London, in the latest effort to expand trading in a market built on over-the-counter deals that’s dominated by a handful of global banks.
Markets Deals Commodities gold futures London Intercontinental Exchange commodities trading over-the-counter market