The ever-growing appetite by Asian investors to park money into physical gold has prompted a gold kilobar listing on COMEX starting to trade from January 26th with physical delivery to select Hong Kong vaults.
If there is any place in the world where the yellow metal hasn't lost its luster for the past three years since prices of gold peaked around $1,900 per ounce, it's Asia. The CME Group has become the latest Exchange to start providing gold futures with physical delivery in the region.
The company announced that starting from January 26th, it will offer physical Gold Kilo Futures contracts. The move comes as the year kicks off with a blast for gold bulls in a month which is typically very bullish for gold.
According to historical data, gold prices have grown on average about 1.6% in January, between 1975 and 2013. This year doesn’t seem to be any different as gold prices have already rallied 2% in the first three days of trading in 2015.
Hourly Gold Prices Chart in 2015, Source: NetStation
The new Physical Gold Kilo contract will be listed on COMEX and will be directly tied to the prices of 9999 gold in Hong Kong.
CME Group’s Executive Director for precious metals, Harriet Hunnable, said, “This new Gold Kilo Futures contract will complement the familiar benchmark 100 troy ounce Gold Futures, and will provide a precise Risk Management instrument for the Hong Kong physical gold market and exposure to regional gold price formation.”
“As demand for gold grows rapidly in China and the Far East markets, and physical bullion moves eastward, the world increasingly looks at market conditions and price signals in the biggest bullion trading hub in the region – Hong Kong,” she explained.
With the average household in China holding as much as 20% of its assets in gold and with the savings culture dominating the region, easy money prompts individuals and investors to seek alternatives which have a good history of storing value.
Gold has rallied close to 400% for the past 15 years and is a proven store of value especially in times of economic turmoil. With Chinese growth rampant over the past decade, the cultural appeal of physical gold investment has only been on the rise as purchasing power of the population increased.
The physical delivery of the product will take place at several approved vaults in the region's key hub for gold trading, Hong Kong. Physical gold will be electronically transacted via CME Globex, under the ticker GCK.
If there is any place in the world where the yellow metal hasn't lost its luster for the past three years since prices of gold peaked around $1,900 per ounce, it's Asia. The CME Group has become the latest Exchange to start providing gold futures with physical delivery in the region.
The company announced that starting from January 26th, it will offer physical Gold Kilo Futures contracts. The move comes as the year kicks off with a blast for gold bulls in a month which is typically very bullish for gold.
According to historical data, gold prices have grown on average about 1.6% in January, between 1975 and 2013. This year doesn’t seem to be any different as gold prices have already rallied 2% in the first three days of trading in 2015.
Hourly Gold Prices Chart in 2015, Source: NetStation
The new Physical Gold Kilo contract will be listed on COMEX and will be directly tied to the prices of 9999 gold in Hong Kong.
CME Group’s Executive Director for precious metals, Harriet Hunnable, said, “This new Gold Kilo Futures contract will complement the familiar benchmark 100 troy ounce Gold Futures, and will provide a precise Risk Management instrument for the Hong Kong physical gold market and exposure to regional gold price formation.”
“As demand for gold grows rapidly in China and the Far East markets, and physical bullion moves eastward, the world increasingly looks at market conditions and price signals in the biggest bullion trading hub in the region – Hong Kong,” she explained.
With the average household in China holding as much as 20% of its assets in gold and with the savings culture dominating the region, easy money prompts individuals and investors to seek alternatives which have a good history of storing value.
Gold has rallied close to 400% for the past 15 years and is a proven store of value especially in times of economic turmoil. With Chinese growth rampant over the past decade, the cultural appeal of physical gold investment has only been on the rise as purchasing power of the population increased.
The physical delivery of the product will take place at several approved vaults in the region's key hub for gold trading, Hong Kong. Physical gold will be electronically transacted via CME Globex, under the ticker GCK.
Prop Firms and Brokers Form a Perfect Synergy: One Offers Access, the Other Capital
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
