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Precious metals
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Precious Metals
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FinTech
StoneX Becomes a Member of the Platinum Group Metals Auction
StoneX Group has become a participant of Platinum Group Metals auction.
The firm can now participate in all the major precious metals auctions in London.
Friday, 11/02/2022 | 08:38 GMT
by
Nicholas Otieno
Thought Leaders
Reasons to Invest in Precious Metals in 2021
Demand for gold and other precious metals has spiraled, catapulting the yellow metal higher because of several trends.
Wednesday, 05/05/2021 | 09:06 GMT
by
Finance Magnates Staff
Execution
Edgewater Markets Sees Significant Uptick in Precious Metals Volume
Edgewater Markets executed $500 million worth of spot gold and silver volumes daily in H1 2020.
Tuesday, 25/08/2020 | 04:58 GMT
by
Celeste Skinner
Executive Moves
Leon Edery Moves to BNP Paribas Precious Metals
After a lengthy career at Societe Generale, the precious metals expert is moving to another French bank
Thursday, 08/08/2019 | 12:15 GMT
by
Victor Golovtchenko
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Execution
INTL FCStone to use Paxos to Automate Metals Trade Confirmations
INTL FCStone will be using the startup’s Paxos Confirmation Service to automate its trade confirmations.
Wednesday, 08/08/2018 | 12:07 GMT
by
Celeste Skinner
Regulation
CFTC Sues MOMC Operator Over Alleged Metals Fraud Scheme
The complaint also charges MOMC with making several misleading representations to actual and prospective investors.
Tuesday, 12/06/2018 | 19:14 GMT
by
Aziz Abdel-Qader
Regulation
CFTC Charges Owner of BullionDirect with $16m Precious Metals Fraud
Customers were lulled into the false belief that precious metals had been purchased and were stored in the firm's vault.
Monday, 30/04/2018 | 18:38 GMT
by
Aziz Abdel-Qader
Executive Moves
Kinesis Limited Secures Former Bullion Capital CEO Thomas Coughlin
Thomas Coughlin joins freshly-launched project as new CEO, will be spearheading its development
Wednesday, 28/03/2018 | 14:07 GMT
by
Jeff Patterson
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Brokers
Alpari Adds Turkish Lira Pairs, Expands Precious Metals Offering
The brokerage is adding platinum and palladium in response to increasing demand from clients.
Wednesday, 03/05/2017 | 17:49 GMT
by
Victor Golovtchenko
Blogs
Trader’s Timeout: Rate-Hike Certainty Weighs on Silver Rally
The US central bank is expected to leave a mark on precious metals next week as a rate hike is awaited.
Friday, 09/12/2016 | 09:08 GMT
by
Evdokia Pitsillidou
Exchanges
CME Group to Launch New Precious Metals Spot Spread
The two new contracts will be listed on COMEX and will begin trading on 9 January 2017.
Tuesday, 01/11/2016 | 14:06 GMT
by
Finance Magnates Staff
Regulation
Yorkshire Group Charged $1.5m for Illegal Transactions
The Yorkshire Group illegally solicited and accepted funds from retail customers to purchase physical precious metals.
Thursday, 20/10/2016 | 06:59 GMT
by
Finance Magnates Staff
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Exchanges
CME Group To Launch Precious Metals Spread and Ratio Futures Contracts
The exchange is launching three new contracts which will begin trading on 24 October 2016.
Thursday, 15/09/2016 | 06:11 GMT
by
Finance Magnates Staff
Regulation
Multi-Level Marketing Precious Metals Scheme at the Center of $55m Fraud
My Global Leverage LLC was one of the fraudulent precious metals dealers facilitating a massive MLM scheme.
Thursday, 01/09/2016 | 22:54 GMT
by
Victor Golovtchenko
Regulation
CFTC: IMM, Sommers Penalised $9.8m for Illegal Off-Exchange Transactions
The fines were imposed on Martin Sommers and his company for engaging in illegal, off-exchange transactions in precious metals.
Friday, 12/08/2016 | 19:07 GMT
by
Finance Magnates Staff
Exchanges
LME, World Gold Council to Launch LMEprecious
LME and the World Gold Council are set to introduce a suite of exchange-traded and centrally-cleared precious metals products.
Tuesday, 09/08/2016 | 07:52 GMT
by
Finance Magnates Staff
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Brokers
Goldmoney to Acquire Schiff Gold Inc. and Create JV with Peter Schiff
Gold Magnate Peter Schiff agrees on JV and sale of Schiff Gold to Goldmoney.
Friday, 08/07/2016 | 15:55 GMT
by
Steven Hatzakis
Regulation
Owner of Precious Metals Trading Companies to Pay Over $2.4m in CFTC Fines
Todd Owen Marshall and his companies have engaged in illegal off-exchange precious metals transactions.
Monday, 20/06/2016 | 21:32 GMT
by
Victor Golovtchenko
Institutional FX
Barclays Offloads Precious Metals Vault To ICBC Standard Bank
The move confirms Barclays' announcement to exit from precious metals in January 2016.
Monday, 16/05/2016 | 12:32 GMT
by
Finance Magnates Staff
Regulation
CFTC Charges NAAM With Illegal Off-Exchange Scheme Worth $2.5M
North American Asset Management, along with owners Alexi Bethel and Steven Labadie, were the subject of multiple CFTC charges, alleging fraud.
Monday, 22/02/2016 | 20:00 GMT
by
Jeff Patterson
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Exchanges
Allocated Bullion Exchange (ABX) Officially Soft-Launched
Until now, the ABX exchange was housed under Bullion Capital, but has now been launched as its own entity.
Wednesday, 10/02/2016 | 11:01 GMT
by
Avi Mizrahi
Regulation
Breaking: Hedge Fund Ebullio Closing Down as Commodity Investments Turn Sour
It’s been a long time coming for one of the most controversial FCA regulated hedge funds, as its investments were ill-timed.
Friday, 22/01/2016 | 10:49 GMT
by
Victor Golovtchenko
Exchanges
LME Denounces EU Regulation as Damaging to the Market and Traders
The commodities trading venue says that Europe's 'one-size-fits-all' approach won’t fit the metals market.
Tuesday, 13/10/2015 | 17:53 GMT
by
Avi Mizrahi
Technology
Bullion Capital Delivers Electronic Precious Metals Trading to South America
The company has partnered with Peruvian brokerage Financial FX to provide its platform for trading physical gold, silver and platinum
Wednesday, 16/09/2015 | 15:15 GMT
by
Victor Golovtchenko
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Products
Bullion Team to Launch Institutional Physical Precious Metals Exchange
The Allocated Bullion Exchange (ABX) aims to modernize and globalize the precious metal markets by connecting all major liquidity centers.
Monday, 13/07/2015 | 14:31 GMT
by
Avi Mizrahi
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