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Re: Bertsllc post# 407

Wednesday, 08/13/2014 11:51:03 PM

Wednesday, August 13, 2014 11:51:03 PM

Post# of 1430
From an Asian board, this was a comment I found interesting.

For your information: This Friday sees Thomson Reuters and CME roll-out of their new fixing engine for silver and market participants are clueless about how it works less than three days before it goes live. With the traditional fixing members have stepping away, it remains a mystery who will be taking the fix orders - with a deafening silence from market participants.. If you can identify who your orders are to go through, then you have to get the calculator out because Reuters advise that prices are no longer in US dollars per ounce but US dollars per "lakh" or 100,000 ounces ..



Anyone here know anything about this?



Cheers \_/

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