Advertisement
UK markets close in 2 hours 49 minutes
  • FTSE 100

    7,959.75
    +27.77 (+0.35%)
     
  • FTSE 250

    19,871.14
    +60.48 (+0.31%)
     
  • AIM

    743.28
    +1.17 (+0.16%)
     
  • GBP/EUR

    1.1692
    +0.0023 (+0.20%)
     
  • GBP/USD

    1.2633
    -0.0005 (-0.04%)
     
  • Bitcoin GBP

    56,012.84
    -177.75 (-0.32%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,250.07
    +1.58 (+0.03%)
     
  • DOW

    39,787.88
    +27.80 (+0.07%)
     
  • CRUDE OIL

    82.53
    +1.18 (+1.45%)
     
  • GOLD FUTURES

    2,229.70
    +17.00 (+0.77%)
     
  • NIKKEI 225

    40,168.07
    -594.66 (-1.46%)
     
  • HANG SENG

    16,541.42
    +148.58 (+0.91%)
     
  • DAX

    18,490.80
    +13.71 (+0.07%)
     
  • CAC 40

    8,221.63
    +16.82 (+0.21%)
     

Twenty firms interested in reforming London gold market -LBMA

LONDON, Nov 25 (Reuters) - The London Bullion Market Association (LBMA) said on Wednesday that 20 firms, including exchanges, brokers and data vendors have expressed an interest in providing clearing services or reporting technology to make the gold market more liquid.

"Twenty entities have submitted 17 responses to its recent RFI (Request for Information) process," the LBMA said in a news release.

The responses will be evaluated by a group that the LBMA has set up to decide on the winning bid made up of market makers including HSBC and JP Morgan, other banks involved in the bullion market, as well as other firms. (Reporting by Clara Denina; editing by Jason Neely)