Merrill Lynch International Reclassified as LBMA Market Maker
Wednesday, January 06, 2016
Merrill Lynch International has been reclassified as a spot & options Market Making Member of the London Bullion Market Association with effect from 06 January 2016.
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. In deciding on the issue of reclassification, the LBMA 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 150, consisting of 14 Market Making Members, 61 Ordinary Members, 66 Associates Members and 9 Affiliates. The membership list can be found on the LBMA's website.
LBMA Media Contacts:
+44 20 7337 9786