Tag Archives: ICE

BRICS New Development Bank to Open July 7th

China announced on July 1st that the Standing Committee of the National People’s Congress officially ratified the agreement signed in Brazil last year to launch the New Development Bank for the BRICS nations. The bank’s Board of Governors are scheduled … Continue reading

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Two More Banks Join the ICE Benchmark Gold Fix

Intercontinental Exchange or ICE has announced two more members of the newly implemented gold benchmark this week. Morgan Stanley and Standard Chartered are just the latest two banks to join the twice daily electronic-based auction system for setting the gold … Continue reading

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Bank of China (BoC) is First Chinese Bank to Join Gold Fix

The London Bullion Market Association has announced that the Bank of China has joined Goldman Sachs, UBS, Barclays, HSBC, Bank of Nova Scotia, Societe Generale, and JP Morgan as the first Asian bank to participate in the new daily gold … Continue reading

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