NYSE Owner Launches Gold Futures Trading in London
New contracts for gold, silver, platinum, and palladium began trading Monday.
Business & Markets • 2 hours ago
Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, has launched gold futures trading in London. The contracts began trading Monday, alongside new futures for silver, platinum, and palladium.
The move signifies an expansion of ICE's commodity offerings in the European market. The introduction of these precious metals futures contracts aims to provide traders and investors with new hedging and speculative opportunities within London's established financial ecosystem. ICE operates multiple exchanges and clearing houses globally, offering a range of financial and commodity markets.