The GraveYard Shift

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London bullion banks will pretend to be transparent next week
Submitted by cpowell on Sat, 2017-02-18 02:34. Section: Daily Dispatches

Banks to Test London Gold-Trading Platform in Transparency Push

By Eddie Van Der Walt
Bloomberg News
Friday, February 17, 2017

Some banks will start testing a new bullion-trading platform next week as part of the London Bullion Market Association's push to make the city's over-the-counter market more modern and transparent.

Several banks will be asked to input mock trades into the platform built by Autilla Inc. which will then feed into a new trade data repository developed by Boat Services Ltd., Autilla Chief Executive Officer Mike Greenacre said. Testing may take up to four weeks and the platform may start around late March. ...

... For the remainder of the report:

https://www.bloomberg.com/news/articles/2017-02-17/banks-to-test-london-...