CME Group, Shanghai Gold Exchange to launch gold futures contracts

The Shanghai Gold Exchange (SGE) will grant CME Group a license to use, create and list futures contracts based on the exchange’s Shanghai gold benchmark PM price, CME Group said on Thursday June 20.

Pending regulatory reviews, CME Group will launch two financially-settled gold futures contracts denominated in US dollars and Chinese yuan in the fourth quarter of this year, it said. The...


Hui Li

June 21, 2019

05:05 GMT