Tag: ICE benchmark administration

INTL FCStone opens its know-risk platform to broader market
April 18, 2017 BY Valentina Kirilova

INTL FCStone becomes direct participant to LBMA Gold Auction

INTL FCStone Inc. (NASDAQ:INTL) today announced that its London-based subsidiary, INTL FCStone Ltd's Precious Metals division is now a Direct Participant to the London Bullion Market Association (LBMA) Gold Auction, having been approved to participate in the process earlier this month. ICE Benchmark Administration (IBA) introduced central clearing to the twice-daily London gold auction, removing…

Read more
October 22, 2015 BY Maria Nikolova

IBA approves China Construction Bank as Direct Participant to the Gold Auction

Intercontinental Exchange Inc (NYSE:ICE), an international network of exchanges and clearing houses, today announced that China Construction Bank Corp. (CCB) has received approval from ICE Benchmark Administration (IBA) to participate in the gold auction, which is used to determine the LBMA Gold Price, effective October 30, 2015. China Construction Bank becomes the second Chinese direct…

Read more