April 11, 2016 BY Maria Nikolova

ICE Benchmark Administration approves ICBC as direct participant in IBA's gold auction

International operator of exchanges and clearing houses Intercontinental Exchange Inc (NYSE:ICE) today announced a new addition to the list of participants in the ICE Benchmark Administration (IBA) gold auction. IBA has approved the Industrial and Commercial Bank of China (ICBC) to participate in the gold auction, which is used to determine the LBMA Gold Price,…

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