The London Silver Market
Wednesday, May 14, 2014
Commenting on the London Silver Market Fixing Limited’s recent announcement that it will cease to administer the London Silver Fixing with effect from close of business on 14 August, 2014,Ruth Crowell, the LBMA Chief Executive, said: “As part of our role as the trade association for the London Bullion Market, the LBMA has launched a consultation in order to ensure the best way forward for a London silver daily price mechanism. The LBMA will work with market participants, regulators and potential administrators to ensure the London Silver Market continues to serve efficiently the needs of market users around the world. As part of the consultation process, the LBMA will be actively approaching market participants requesting feedback.”
For further information please contact Ruth Crowell, Chief Executive, 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, 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.