14 Jun 2016
Hong Kong exchange aims to launch gold contract in Sept - RTRS
As Reuters reports, Hong Kong Exchanges and Clearing Ltd is aiming to launch its planned physically-delivered gold futures contract in September.
The gold contract will be simultaneously denominated and settled in U.S. dollars and Chinese yuan.
The size of the contract had yet to be finalised, but that it would be metric rather than imperial measure that is favoured by the London bullion market.