LONDON SILVER PRICE – MARKET CONSULTATION
Friday, May 16, 2014
The LBMA is pleased to announce the launch today of its online survey as part of its market consultation on the London silver daily price mechanism. The LBMA would like to encourage as many market participants including users of the London Silver price to complete the survey. This is part of the LBMA’s efforts to ensure that the London Silver Market continues to serve efficiently the needs of market users around the world. Click here to complete the online survey.
Commenting on the launch of the online survey, Ruth Crowell, the LBMA Chief Executive, said:
“In view of the recent announcement by the London Silver Market Fixing Limited, it is important to gather the views of the global market to find a solution which meets the needs of market users around the world. The launch of the survey is an integral part of this process. In parallel, we will also be liaising closely with any companies who would be interested in contributing to the London Silver price as well as those interested in its administration.”
Any participants wishing to contribute to the daily silver price mechanism after the 14th August, or who would be interested in assisting the LBMA with the administration of the silver price mechanism, please contact the LBMA’s Operations Director, Sunny Field (firstname.lastname@example.org).
For further information please contact Ruth Crowell, Chief Executive, on
Tel: +44 (0)20 7796 3067 or AG.Consult@lbma.org.uk.
About the London Bullion Market Association
The LBMA is the international trade association that represents the wholesale over-the-counter market for gold and silver bullion. The LBMA undertakes many activities on behalf of its members, including the setting of good delivery and refining standards, the organisation of conferences and other events, and serving as a point of contact for the regulatory authorities. For more information, please visit www.lbma.org.uk.