APAC PRECIOUS METALS CONF: ASX gold futures delayed but launch possible in ‘next few months’

The proposed gold futures contract by the Australia Securities Exchange (ASX) is facing a “slight delay” but a launch could still happen this year, if not in the next few months, ASX product manager for energy and commodities Waqar Chaudry said.

The contract was set to be rolled out in the first half of this year but this is now unlikely because banks are focusing their efforts on meeting Europe MiFID II (Markets in Financial Instruments Directive) requirements, Chaudry told Metal Bulletin on the sidelines of the...


Vivian Teo

June 05, 2017

15:55 GMT