The agreement marks a continuation of the beneficial relationship enabling Neonets clients to have access to an even fuller derivative offering.
The USD-denominated derivatives will be based on the gold fixing of the London Bullion Market, referenced to one of the largest gold spot market in the world. The fixing, provided by The London Gold Market Fixing Ltd.is an international benchmark used by consumers, producers, investors, banks and central banks.
“It’s exciting that we are now expanding our offering with commodities trading. By allowing trading in gold futures at the international derivatives exchange Eurex, we are able to provide our clients with easy access to the gold market”, says Simon Nathanson, president and CEO, Neonet.
“We are connected to over 35 global marketplaces and we want to provide our clients with great choice when it comes to where, and in whatever, they can trade.”
L.D.