An informative slide deck demonstrated the data and showed how it can be interrogated to reveal trends and connections between market events. “The slides show how gold fell in Q1, with ETPs shrinking and consumer demand rising,” said Saida. “We then saw a rebound in gold physical demand (up by 25% year on year); driven by gains in jewellery demand and retail investment.”
The trio examined the ‘double touch’ of $1685 in March, and David explained how knowing the volumes helps make sense of what changed between the first and second touch of the benchmark lows on March 8 and March 30.
David, Adrian and Saida discussed the price tranches and how this information can be used, and Saida also explained how you can input different codes to access data relating to spot, swap/forward, loan lease deposit, or option data for either gold, silver, platinum or palladium.
The Q&A session touched on benchmarks and NSFR. Watch the full webinar to gain further insights into the trade data by the experts.
LBMA Trade Data - How, Why and Where to Access the Data
As part of our commitment to enhancing transparency within the global OTC precious metals market, LBMA, along with Nasdaq, hosted an educational webinar covering how, why and where to access the most comprehensive OTC dataset available.
OTC Trading in the Year of the Pandemic
Adrian Ash (Bullion Vault), David Gornall (LBMA), and Fergal O'Connor (Cork University Business School) revealed new insights into the shape, depth, and latest developments in the OTC precious metals market.
LBMA Trade Data - London V NYC & PGM Insights
Adrian Ash (Bullion Vault) and David Gornall (LBMA) explained how the LBMA Trade Data is useful for traders to gauge the size, shape and liquidity of the OTC market as represented by LBMA members as well as how it can support LBMA’s dialogue with regulators on such matters as NSFR.