Citibank NA Reclassified as an LBMA Market Maker
Wednesday, March 16, 2016
Citibank NA has been reclassified as a forward & options Market Making Member of the London Bullion Market Association with effect from Friday 11th March. Citbank NA is now quoting prices in all three products.
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 148, consisting of 13 Market Making Members, 69 Ordinary Members and 66 Associates Members. The membership list can be found on the LBMA's website.
LBMA Media Contacts:
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