Citibank NA Appointed as LBMA Market Maker
Thursday, September 25, 2014
Citibank NA has been reclassified as a spot Market Making Member of the London Bullion Market Association with effect from today, 25th September, 2014.
In order to qualify as a LBMA Market Maker, a company must offer two-way quotations in both gold and silver to the other Market Makers throughout the London business day. Reclassification is the responsibility of the LBMA Management Committee. In deciding on the issue of reclassification, the Committee takes account of the views of the other Market Makers on the performance of the candidate company during an approximately three month probationary period.
Total LBMA membership stands at 146, consisting of 12 Market Making Members, 58 Ordinary Members, 70 Associates and 6 Affiliate Members. The membership list can be found on the LBMA’s website.
For further information please contact Aelred Connelly, PR Officer, on
Tel: +44 (0)20 7796 3067 or email@example.com.
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 and the wider market, 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.