The implementation of Mifid II has suffered a setback on the day it was due to be implemented, as German and UK regulators confirmed at the last minute that clearing houses have been granted a 30 month extension. The exception applies to ICE Futures Europe and the London Metal Exchange (LME), as British regulator FCA […]
Ross Norman, CEO of Sharps Pixley, the London based bullion broker that is part of the Degussa Goldhandel group, has said that gold is set to average $1,321 through 2015 as factors revive demand for the physical metal. According to the broker’s forecast, prices will vary from a low of $,1170 to a high of […]
Technology provider MarketPrizm has announced the launch of a low latency trading infrastructure for clients at the London Metal Exchange (LME).