CME, Thomson Reuters step down from providing London silver benchmark Friday, March 3rd
(CME = Chicago Mob Exchange - more evidence the doo dew is getting ready to hit the fan.)
CME Group and Thomson Reuters are to step down from providing the LBMA silver price benchmark auction, the London Bullion Market Association said on Friday, less than three years after they successfully bid to provide the process.
"In consultation with the LBMA, CME Group and Thomson Reuters have decided to step down from their respective roles in relation to the LBMA Silver Price auction," the LBMA said in a members update seen by Reuters.
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