CME targets Chinese gold with new contracts
CME Group announced on Wednesday that it will launch new futures contracts that provide market participants with exposure to the physical Chinese gold market.
The two new gold futures, which CME plans to launch on October 14, will be denominated in dollars and renminbi. China’s Shanghai Global Exchange (SGE), the world’s largest physical gold market, will also be launching new contracts that reference prices from CME's Comex exchange.CME’s new Shanghai gold ...
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