Trading set to kick off in May as Hong Kong burnishes status
By Chris Oliver
Hong Kong is on track to kick off a new gold-futures trading platform with settlement in the physical metal next month, marking the emergence of a second exchange in the city offering leveraged bets on the metal’s rise.
The Hong Kong Mercantile Exchange, known as HKMEx, said it received regulatory clearance to launch gold-futures trading on May 18, according to a statement by the exchange Wednesday.
Continue reading the article . . .
Related reading:
Hong Kong Mercantile Exchange
Wikipedia,